AU for me still is bearish sitting under the 200 SMA. As market structure shows bullish momentum I am waiting for either confirmation before entering the trade.
Break below minor support for short or break above previous LH resistance for long.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade.
It is your choice to get in retracement trades as I only trade with the trend.
Break below minor support for short or break above previous LH resistance for long.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade.
It is your choice to get in retracement trades as I only trade with the trend.