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dinhchien
Jun 15, 2023 12:30 AM

AUDUSD - Long by High Low Pivot & 2EMAs 6/15/2023 Long

Australian Dollar/U.S. DollarFXCM

Description

* Daily timeframe: Previous Higher Candle breakout.
* Current timeframe:
1- Long trend when Swing High (1) & EMA 21 above EMA 50.
2- Swing High(2) is continue & low still above Swing High (1).
3- Opens a Buy with Stoploss at lowest price (Swing Low) between Swing High (1) & Swing High (2) (Rule to find Stoploss).
a/ Moving stoploss when occurs Swing High(3), Swing High(4)(5)...
b/ Wait to retest previous swing high if ratio of Reward > Risk (>1).
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