After our previous successful sell setup in AUDUSD (see link on the chart) )we have now another opportunity, a buy setup this time. A valid slope is avtive and price was rejected from a slide parallel of the median line . Sl and tp as shown at the chart.
Trade closed: target reached:
AUDUSD keeps delivering.. Price is now at a key level for going short.. I am waiting for a confirmation and i will post a new idea
I use technical analysis in my trading. I only look for major news release like NFP to manage my active trades and not get involved in new ones. News are for the big whales who trade billions of dollars..