I see everyone going short on AUD but what I see on Daily and Weekly chart tell me to go the opposite way. Daily showing LH $HH, with Wickoff accumulation phase. I am going contrarian, I might be wrong but RR is good enough to take the risk. If does work out the return is pretty juicy. I am timing my entry on the 4H chart, and target on Daily.
Not financial advice bla bla...
Trade Safe!!
Not financial advice bla bla...
Trade Safe!!
Comment:
Was it cause of that rising wedge on the 1H that everybody shorted?!?
Trade active:
Ok order filled @ .7588
1st Target : .7745
2nd : .7819
3rd : .80
1st Target : .7745
2nd : .7819
3rd : .80
Comment:
S/L @ .7538
Comment:
S/L moved to .75 as Fibo golden ratio seem a lil weak.
0.786 retracement seem to be more relevant for a bounce or I'm totally wrong and everyone was right o short it!!
0.786 retracement seem to be more relevant for a bounce or I'm totally wrong and everyone was right o short it!!
Trade closed: stop reached