AUDUSD broke the trendline and we are heading up from here!
AUDUSD broke the trendline and the structure on H4 timeframe, which makes me look
for a long position after its retest.
For this setup - NO RETEST = NO ENTRY. We need to wait until AUDUSD comes to the highligted area near trendline
before entering our long. If we would enter now, it would have been very low and poor risk reward ratio and trading is not about
this, trading is about patience ;)
I will update this idea as soon as it retests, but have your alerts ready guys.
Have a wonderful week everyone
for a long position after its retest.
For this setup - NO RETEST = NO ENTRY. We need to wait until AUDUSD comes to the highligted area near trendline
before entering our long. If we would enter now, it would have been very low and poor risk reward ratio and trading is not about
this, trading is about patience ;)
I will update this idea as soon as it retests, but have your alerts ready guys.
Have a wonderful week everyone
Trade active:
Taking the trade rn
Comment:
PLAYING OUT perfectly! TP 1 hit. Move you SL to profit and let run to TP2
