What a beautiful opportunity here on this channel on AUDUSD
After seeing confluence of both an upward channel and the hitting of a lower horizontal support zone, we can conclude that we have a perfect opportunity for a long position.
I am going to put the sell at a very conservative level just below the resistance zone to make this a very safe and straightforward trade.
Enjoy!
I am going to put the sell at a very conservative level just below the resistance zone to make this a very safe and straightforward trade.
Enjoy!
Trade closed: stop reached:
We see an interesting result here, with an incredibly hard rejection of the support zone and upward channel.
In retrospect, you can also see a small descending triangle forming. It was a great idea to put the stop loss so tight, as volatility to either direction was very likely.
In retrospect, you can also see a small descending triangle forming. It was a great idea to put the stop loss so tight, as volatility to either direction was very likely.
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t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)