AUDUSD - 5 Reasons For A Daytrade Sell!
Sell #AUDUSD Plan
First Entry was at 0.7090
Second Entry is pending order at 0.7102
Stop is at 0.7123
Target is at 0.7057
I have 5 reasons to sell AUDUSD for a daytrade.
1. Currency Strength Meter USD is strong AUD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish 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.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
First Entry was at 0.7090
Second Entry is pending order at 0.7102
Stop is at 0.7123
Target is at 0.7057
I have 5 reasons to sell AUDUSD for a daytrade.
1. Currency Strength Meter USD is strong AUD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish 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.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
Comment:
Closed at breakeven, read rules.