AUDUSD retest 0.7340 possible.
A well beaten Aussie still sit just above the Bullish line, 0.7210 stand as a price structure that will dictate where price will end up in the short term. A violation is in place, we can expect a push to the upside to correct the violation, buyers may push price above the momentum high or just shy of the high.
Entry Long: 0.7230
Target: 0.7343
StopL: 0.7160
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To achieve consistent results; as a Trader your Job is:
You must have a well defined Rule-based methodology/strategy that works Minimum of 5 out of 10 times.
Practice and understand your strategy.
Analysis followed by Confirmation and lastly and the most crucial; Execution (Optimum Entry, Exit, Tp and SL).
Keep it this simple and you will not Fail.
Entry Long: 0.7230
Target: 0.7343
StopL: 0.7160
----------------------------------------
To achieve consistent results; as a Trader your Job is:
You must have a well defined Rule-based methodology/strategy that works Minimum of 5 out of 10 times.
Practice and understand your strategy.
Analysis followed by Confirmation and lastly and the most crucial; Execution (Optimum Entry, Exit, Tp and SL).
Keep it this simple and you will not Fail.
Trade active:
We have a trade! Long opened.
Our entry remains the same, long above 0.7230