AUD/USD: Short from bat completion after 9 bullish candles!
I'm already in this trade from 0.7375 but it's still possible to enter now at market.
My SL is quite wide as always but it could be tighter if you're entering at market, say 0.7460.
We have 9 bullish candles in a row which is quite alot! Usually 7 bullish candles would already get me to look for possible starting retracements/profit taking signs, so this bat is ideal to go short...
If it doesn't work out I will surely be looking for further shorts, 10-11 bullish candles is quite rare, but not impossible ofcourse...
I will take about 70% at TP1, the remaining part for TP2.
My SL is quite wide as always but it could be tighter if you're entering at market, say 0.7460.
We have 9 bullish candles in a row which is quite alot! Usually 7 bullish candles would already get me to look for possible starting retracements/profit taking signs, so this bat is ideal to go short...
If it doesn't work out I will surely be looking for further shorts, 10-11 bullish candles is quite rare, but not impossible ofcourse...
I will take about 70% at TP1, the remaining part for TP2.
Trade closed: target reached:
All targets reached, good trade!
Comment:
Now waiting for this one:
