AUDUSD Sideways / Ranging M30
Updated
AUDUSD Sideways / Ranging will be clearly visible on the M30 timeframe, Starting from March 31, You can enter the demand area (when this idea was created) or enter supply with a CONFIRMATION note, Don't try to enter without confirmation, because maybe the price will trying to penetrate Supply / Demand, the direction of price movement will remain the same, namely down when it touches supply, and vice versa.
For CONFIRMATION, this time I use the EMA 25 ( EMA 25 timeframe M30) when the price crosses/breaks the EMA with a stop loss at the previous Swing Low
Pay attention to your risk/reward when you enter
I suggest R/R Minimum 1:1.5
i do not guarantee anything, i only share my analysis
Do your own research!
For CONFIRMATION, this time I use the EMA 25 ( EMA 25 timeframe M30) when the price crosses/breaks the EMA with a stop loss at the previous Swing Low
Pay attention to your risk/reward when you enter
I suggest R/R Minimum 1:1.5
i do not guarantee anything, i only share my analysis
Do your own research!
Comment
I got entry atEntry : 0.74851
TP : 0.75131
SL : 0.74711
RR : 1/2
Trade closed: target reached
See you next time!we always open discuss for better trade
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.