TradingView
RaynLim
Dec 18, 2022 11:21 AM

AUDUSD - The Devil's Touch Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

Since the analysis is unchanged, I won't be posting on the daily chart; check the link below and see how nicely the candlestick "respected" The Devil's Finger as it reversed on the trendline once touching it. That is the primary engagement method I will execute in my trade plan.

On the lower timeframe trading setup, you can wait for a break and close below 0.6673 for a breakout trading setup; you have to be aware there are a few road bumps along the road(bearish move) 0.6637, 0.6583. etc. If you shift stops to entry too early, your trade will close out without profits.
Comments
RozaniGhani-RG
More