matpjoe
Short

AUDUSD Nice downfall risk and reward

FX:AUDUSD   Australian Dollar/U.S. Dollar
Found a very good risk and reward trade for audusd             on 4H chart, 4 hour candle rejecting the 50% fibo pattern and at the same time the fibo 50% line which was a previous strong support have now become the resistance. This is combo combination of Support become Resistance and 50% Fibonacci retracement . looking at 250pips + or reward at 0 level fibo.
sl is always slightly above 61.8 fibo
Trade active: trade active once the price closed below the 50% fib
Trade active: currently runing with 50pips+, breakeven +1 to secure the capital and let it run
Comment: Halfway to TP
currently runinng with 50pips+, breakeven +1 to secure the capital and let it run
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out