First Entry was at 0.7340 Second Entry is pending order at 0.7321 Stop is at 0.7288 Target is at 0.7393
I have 5 reasons to buy AUDUSD for a daytrade.
1. Currency Strength Meter AUD is strong USD is Weak 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bullish Divergence Signal
The Rules: If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
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