AUD/USD Long setup from Day Chart
"What seems too high and risky to the majority generally goes higher" - William O’Neil
AUD/USD is at that position now from Day chart.
It's risky to short, and risky to long at current level, however, if you look carefully at the technical levels the risk/reward is actually not bad. On news front the RBA meeting minutes tomorrow should be hawkish.
Btw good work for these that followed my previous DXY short and SP500 long setup, was some quick profits.
Good Luck.
AUD/USD is at that position now from Day chart.
It's risky to short, and risky to long at current level, however, if you look carefully at the technical levels the risk/reward is actually not bad. On news front the RBA meeting minutes tomorrow should be hawkish.
Btw good work for these that followed my previous DXY short and SP500 long setup, was some quick profits.
Good Luck.
Trade active:
entered at current level. 0.65483
Trade closed: target reached:
Good profits
Comment:
most position closed. leaving remaining to run
Comment:
approaching target
Trade closed: target reached:
Target reached. trade closed. huge profits.