Practiceaccount

AUDUSD Trend continuation (if-then)

FX:AUDUSD   Australian Dollar/U.S. Dollar
IF the price retraces to level 1 THEN i'll look for an entry to go short, IF the trade is successful THEN i'll take profit and look for a long opportunity on level 2, IF i don't get an entry or i get stopped out on that trade and the price breaks support THEN i'll look for a retracement to that level 2 and an opportunity to join the downtrend in another trend continuation move.
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