12 hour pull back chart : Verified by VRVP : I'll join the action only when that red line finally breaks. My strategy involves using a dynamically trailing stop loss approach. Feel free to leave comments if you'd like to receive regular updates on my SL's.
Thank you, loyal followers! Your support drives me forward on this incredible trading journey. Let's achieve financial success together!
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THIS KEY AREA OF 12 DAYS SUPPLY IS GOING TO PUSH AU DOWN NOW ANYTIME AFTER MY BREAKOUT COME TRADE LIVE WITH ME IN FOREX GROUP CHAT
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Ignore just previous picture and check this one Join us for live forex trading in the 5-day supply zone as we anticipate a potential downward push. Our entry point will be the first significant breakout to the downside.
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While I was peacefully asleep, the Australian dollar dropped, leaving me unaware and causing me to miss the opportunity to capitalize on its top
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I entered a trade when a significant breakout occurred, and I successfully closed 75% of my position at a profit. The remaining 25% of my position was placed at breakeven to hit the 1:48 target. Although I don't anticipate a retracement, I recognize that the market is full of possibilities. Therefore, if there is a retracement, I am open to entering a new position.
Trade closed: target reached
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I was blocked by moderators for including my social profiles in my ideas, which prevented me from posting my early close yesterday. However, I want to mention that my entire position was already closed during the previous consolidation after taking this short position.
@AlexTime, According to the updated chart information, I have another sell order at 0.69365 and my stop loss is at 0.69744 and my take profit is at 0.68020. Of course, with the decrease in price, I lower my stop and place it on the previous swing in the 15-minute time frame. Always consider capital management and do not risk more than 2% of capital. All analysis is based on probabilities and nothing is certain. Thanks.