lightdnns

Neutral zone, waiting the move up or down

lightdnns Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD

Right now AUDUSD is in my no trade zone, i put what i call buy and sell zone the area to trade, after a closure on m15 while looking higher time frame you can use this to complement your analysis. Now we need to wait the direction, we can already see on other assets that there's more chance for AUDUSD to go down but this isnt confirmed yet, we need to wait to close below 0.63700 to sell.
Trade active:
We're above the buy zone we can take the buy, TP and SL are on the chart, either 1:3 or 10:1 RR
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