mlwinter
Short

AUDUSD, WHICH WAY IS IT? (:

FX:AUDUSD   Australian Dollar / U.S. Dollar
47 0 2
Zoom to lower TF to see price actions. I am waiting bearish reversal PA off the orange TL and sell this pennant
Comment:
Comment: Can add more sell position
Comment: Short setup I am planning to take again if bearish reversal candle formed. So far has seen a swing in H1
Comment: Since we are in triangle in weekly, conservative traders in my opinion should always trade using stops and not limits since it usually test both extremes before flying off. So measure appropriately for TR target in smaller time frame and place your stops above / below these targets so it won't get triggered prematurely.
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