AUDUSD potential second entry LONG
2 trades scenario.
Note: Countertrend trade. I will take this trade only because I opened the first one and already banked half. So its a no risk trade for me.
Because its a CT trend and the bigger picture is going short on Higher time frame zones (Weekly SZ) i wouldnt take it if I didnt take the first one.
First trade already closed half at 2/1 and brought stop to entry.
Potential second trade on the D1 after D1 supply was broken.
CON: the demand zone that took out supply on the D1 did not consolidate away
Note: Countertrend trade. I will take this trade only because I opened the first one and already banked half. So its a no risk trade for me.
Because its a CT trend and the bigger picture is going short on Higher time frame zones (Weekly SZ) i wouldnt take it if I didnt take the first one.
First trade already closed half at 2/1 and brought stop to entry.
Potential second trade on the D1 after D1 supply was broken.
CON: the demand zone that took out supply on the D1 did not consolidate away
Trade active
Trade closed: target reached