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dinhchien
Jun 22, 2023 4:39 PM

AUDCHF - Short by High Low Pivot & 2EMAs 6/22/2023 Short

Australian Dollar/Swiss FrancFXCM

Description

* Daily timeframe: New low
* Current timeframe:
1- Short trend when Swing Low (1) & EMA 21 under EMA 50.
2- Swing Low(2) is continue & High still under Swing Low (1).
3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss).
a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)...
b/ Wait to retest previous swing low if ratio of Reward > Risk (>1).
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