AUDUSD 2618 trade (look at 5M timeframe) SELL idea
please look at 5 m timeframe and find that same 2618 trade.
good luck an ddont risk too much! calculate your stopploss and make sure you cant lose more than 1% of your account when sl is hit!
good luck an ddont risk too much! calculate your stopploss and make sure you cant lose more than 1% of your account when sl is hit!
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pic of 5 m chart (was not allowed to publish it as a 5m chart idea...)
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you could trade this as a 15m timeframe inside bar breakdown...
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for the 2168 trade: adjust fibs because it dropped lower and keep on doing so
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it became a 1h candle inside bar
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price broke double top. abviously not what i expected.. my sl is 0.7678
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i gave it another try with that 4h inside bar after new high was formed.
entry order got triggered @0.7650, now sl is put to breakeven.
entry order got triggered @0.7650, now sl is put to breakeven.
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stopploss 10 pips (plus your spread maybe) above a double top is always a good idea so you dont get shaken out