I am in favor of the 2nd entry moreso than the first one due to RR reasons. However, the way AUDUSD is moving, it can be a quick move south this week and next week.
Trade closed: stop reached
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This trade failed. My original idea was correct. After trade was closed on this. I went to my original post.
Trade active
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the status above is the wrong status. Also after looking at this chart again. My max sell is at .7580 with a stop at .7605.