dojitrader
Long

Long Now -- Short Later

FX:AUDUSD   Australian Dollar / U.S. Dollar
112 views
1
Don't normally play both legs of a set up But, this looks like a good place for a bounce that is very low risk.
And, the resistance above was a break of solid support. ( Daily Chart )
This idea would also help out my AudJpy play as well.
https://www.tradingview.com/e/2Kc9vtiU/
Pts. A - B - C all had some sort of double top /bottom so I'm hoping for an entry around .9150

Comments

Cheap attempt ! As published this is a loss, although, I still like the idea. At some point the resistance will be tested - SO -
Wait until the test OR pick another place to enter long. I'm thinking a buy stop @ .9171 might drag me in at a good time with
a stop @ .9149 for another 20 pips or so to make 100 ? The tiny little hammer candle completed at 8GMT would have been
a great entry, BUT, you have to sleep some time . . . ! Let's see what the next hour or so tell's us.
Reply
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