Donajor8

Second pullbacks are the best pullbacks short setup

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Why? Most fails so never buy the first pullback into a major trend or after a breakout, what’s a breakout when there are a series of trending candles without many opposing candle.

How to trade

Catch the retest off the channel after the breakout.
Markets moves in phase,

1. A range
2. A breakout
3. A channel
4. A range
5.correction
6. Continuation or reversal

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