AUDUSD is set up fundamentally to be a bullish trend, with AUD scored at +20 and USD at -20. On top of Technical Analysis Support that points towards a good limit order opportunity. the Risk reward on this opportunity is also very strong. the choice is to either have a limit order or wait for confirmation of resistance off this trend line
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Got pretty close to my stop with the limit order but the trade windowed up in favor of the position over the weekend. Some risk mitigation methods can be applied here, through closing a portion of the original position.