AUDUSD uptrend continuation

FX:AUDUSD   Australian Dollar / U.S. Dollar
In this trade I'm aiming to ride the continuing uptrend to the next swing high.

If I'm right it'll continue through the old high on its way up to the high set back in late April. Stop is set below current swing low as indicated by the bottom of the red box. Take profit is set at next swing high (green box). I'm not confident that this trend will continue beyond that previous high and I'm not interested in predicting the future.

Just ride the current trend to the next likely bump in the road.
Comment: Still riding this one. Waiting for this small round of profit taking to end and the resumption of the uptrend to begin again.
Trade closed manually: Closed early for a small loss. I see no reasonable possibility of it recovering.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out