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pejman_zwin
Jan 2, 2023 9:26 AM

💵Australian Dollar/U.S.Dollar💵 Analyze (01/02/2023)!!! Short

FX:AUDUSD240
Australian Dollar/U.S. DollarFXCM

Description

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Australian Dollar/U.S.Dollar is making a rising wedge pattern near the resistance zone.

When I saw the hanging man candlestick pattern near the upper line of the rising wedge (also some other tips), I opened a short position with RR=2.00 & 5.68.

I expect the Australian Dollar/U.S.Dollar will go down at least to the lower line of the rising wedge pattern (RR=2.00).

🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Timeframe 4H⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Comment

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I did risk free

Trade active

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Trade closed: target reached

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✅ First Target✅
Support and ResistanceTrend LinesWedgeAUDUSDusdaudaustraliandollarForexforexsignalsforextradingDXYforexanalysisdxyindex
Comments
dom841
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Another quick shoot. Carefully TP @first level. Good job!
pejman_zwin
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@dom841, You are welcome, cheers.
NextTradeForex
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Thank you very much for this trade! Going forward, please can your analysis come with specific entry/exit levels like this one? 🫡
pejman_zwin
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@NextTradeForex, Thanks for the comment, but I can not publish all my points, I hope that understand me.
NextTradeForex
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@pejman_zwin yes I understand and I appreciate that you always share your ideas. Thank you
pejman_zwin
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@NextTradeForex, Thanks for following and support me.
NextTradeForex
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@pejman_zwin entry, SL and potential target will help a lot of your followers that are still struggling with entry confirmations and risk reward ratio
pejman_zwin
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@NextTradeForex, Yeah, I understand; I will try to specify points on my posts more than now.
JoeChampion
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excellent RR!
pejman_zwin
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@JoeChampion, Thanks
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