KiingEvy

AUDUSD impulsing out of the range.

KiingEvy Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is starting to impulse out of the previous range it has been in for a few weeks. I am a trend trader so as we are gaining momentum I like to see an impulse with a retracement. it must have 2 lows and I enter on the 1st bearish candle after the second low (bullish if we were up trending).

Comment:
Trade stopped out for a reduced risk (-.4%). Very happy with the setup.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.