I am long on Aussie. In my opinion we are EXTREMELY bullish on Aussie. Nice clean break above monthly
resistance now turned to support. Because of all of the bullish price action, we might not even see a decent pullback.
But if price meets the entry level shown on the chart I am going to add on to my position with my original entry amount.
I am in a small long position as of now, but if the price enters my intended entry, I am going big on this one.
Monthly Level .7400 is a VERY important level. If price (which i doubt) closes below this area anytime soon. I am out completely.
Safe Trading.
Risk Reward
Small Scalps : 1:1.3
Preferred Entries
Target 1: 1:1.9
Target 2: 1:3.2
resistance now turned to support. Because of all of the bullish price action, we might not even see a decent pullback.
But if price meets the entry level shown on the chart I am going to add on to my position with my original entry amount.
I am in a small long position as of now, but if the price enters my intended entry, I am going big on this one.
Monthly Level .7400 is a VERY important level. If price (which i doubt) closes below this area anytime soon. I am out completely.
Safe Trading.
Risk Reward
Small Scalps : 1:1.3
Preferred Entries
Target 1: 1:1.9
Target 2: 1:3.2