Hey traders I would like to share with you today a trend continuation set up on AUDUSD.
This plan is set up with Ichimoku clouds and Fibonacci retracement/extention for targets and stop.
Entry is KJ limit order, (0.72632)
T1 : previous structure candle close (green line)
T2 127.2% fib ofthe previsou swing.
Be careful, to respect the Kijun and the 50% fib I started the swing on the blue vertical line, and not the previous structure support. (It's just my plan rules, you can have different rules for technical analysis :) )
SL 78,6% fib (0.72204) I like this stop because in this case it is just below a long SSB + KJ
I will keep an eye on this set up. Plan your trades and trade your plans ;)
Have a good day traders!
This plan is set up with Ichimoku clouds and Fibonacci retracement/extention for targets and stop.
Entry is KJ limit order, (0.72632)
T1 : previous structure candle close (green line)
T2 127.2% fib ofthe previsou swing.
Be careful, to respect the Kijun and the 50% fib I started the swing on the blue vertical line, and not the previous structure support. (It's just my plan rules, you can have different rules for technical analysis :) )
SL 78,6% fib (0.72204) I like this stop because in this case it is just below a long SSB + KJ
I will keep an eye on this set up. Plan your trades and trade your plans ;)
Have a good day traders!
Trade closed: stop reached
