Description
⋅ Happy Saturday Traders! #ForexFargo checking back in!
Apologies for the extended absence, I have been refining my style a tad bit for you all!
Today's analysis is on AUDUSD.
I believe the overall Trend is Bearish.
I have a few trade scenarios set up for how this upcoming week could play out!
Please refer to chart for more detailed explanation!
AS always, you know our basic Support and Resistance Levels are set!
Weekly Resistance Level is set @ 0.71500.
Weekly Structure Level is set at @ 0.70750.
Weekly Support Level is set @ 0.70000.
AS always, Happy Trading!
Trade active
⋅ Trade closed: target reached
⋅ Scenario #1 played out to a perfect touch of entry and take profit points. Secured profits now waiting for daily candle.
Trade active
⋅ Price in momentum to hit TP2 @ 0.71350
Trade closed: target reached
⋅ Trading Scenario #1 has played out perfectly, 40-60 Pips respectively.
Trade active
⋅ Trading Scenario #2 now in profit 30 pips
Trade active
⋅ Trading Scenario #2 now in profit 50-60 pips