AUD/USD long opportunity (Counter-Trend trade)
Sorry i have posted a wrong setup before this.
Oscillating down-trend market
+3 S/R touches
MACD divergence
Phase: Pullback
Decreasing momentum + bullish candlestick
More than 1:1 win ratio (TP based on 50 EMA resistance). Since the 50 EMA is a Exponential MOVING average, you have to update your TP every day. Check my setup updates !
IF THE ENTRY ORDER HASN'T TRIGGERED UNTIL THE NEW DAILY CANDLE OCCURS, REMOVE THE ORDER !
Oscillating down-trend market
+3 S/R touches
MACD divergence
Phase: Pullback
Decreasing momentum + bullish candlestick
More than 1:1 win ratio (TP based on 50 EMA resistance). Since the 50 EMA is a Exponential MOVING average, you have to update your TP every day. Check my setup updates !
IF THE ENTRY ORDER HASN'T TRIGGERED UNTIL THE NEW DAILY CANDLE OCCURS, REMOVE THE ORDER !
Order cancelled