AGold54

AUDUSD Bully Short + 40 Pip Potential

Short
AGold54 Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and decent RRR.
2 Potential entries (it is one or the other, not both)
Entry = 0.6916
Stop = 0.6931
Risk = 15 pips
Profit target = 0.6879 ( The projected daily low )
Reward = +37
RRR = 2.4 - 1
2nd Entry = 0.6896
Stop = 0.6916
Risk = 20 pips
Profit target = 0.6856
Reward = + 40 Pips
RRR = 2-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
Order cancelled:
Surprisingly, AUD is holding it's ground against USD. Accordingly this trade is cancelled.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.