a.b

Breakout opportunity on AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
A breakout opportunity is forming on the AUDUSD . The pair is in a downtrend from a few weeks and has already given three very great sell opportunities. The setup was identical for all the three:
• breakdown of price
• breakdown of Sentiment Index
• opportunities below resistance

Right now the breakout could be either to the upside or to the downside so let's just wait and see when the breakout comes.

Last but not least, always check confirmation from the indicators!
Trade closed: target reached: Nice impulsive move and target reached pretty quickly
📍 ⠀More on the indicators 👨🏻‍💻 📈 
🌎⠀ https://minimalisttrading.com


➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖⠀
Great job
Reply
a.b vingris
@vingris, thank you!
Reply
Long side targets?
Reply
a.b Ta-Trade
@Ta-Trade, I already reached my target and cashed in the profits. Now I wait for a new setup just like this one to form. It's always the same ;)
Reply
@a.b, Same here AB....retrace and long again?
Reply
a.b Ta-Trade
@Ta-Trade, correct, that's the basic idea but it must form a similar setup with the indicators, otherwise I won't risk the money and concentrate on different pairs/assets.
+1 Reply
I want to buy it but not!
Reply
a.b behzadnajafi774
@behzadnajafi774, you have a PM!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out