Hello everybody, hope you have a good day.
If you are a trend following trader, our AUD/USD current price is probably legit.
We have price already made a first uptrend-pulse move as shown in a picture, now we are looking for a second.
price could potentially either shoot up breaking new high or make a pulse as before.
imo, This setup is well because we can find the escape if price fail and going to wrong way. Suppose that price break our trend line making sell-momentum candle on H1 or M30, seem fair to me to bet here with a short stop loss.
If you are a trend following trader, our AUD/USD current price is probably legit.
We have price already made a first uptrend-pulse move as shown in a picture, now we are looking for a second.
price could potentially either shoot up breaking new high or make a pulse as before.
imo, This setup is well because we can find the escape if price fail and going to wrong way. Suppose that price break our trend line making sell-momentum candle on H1 or M30, seem fair to me to bet here with a short stop loss.