Possible Sell Trade on AUDUSD

5天前

This is my analysis trade for AUDUSD.
Weekly is bullish but Daily and 4H are both bearish for HTF direction.

I will wait for the price to go down first to break market structure for a possible continuation confirmation then pullback going up for the price to go to my sell zone first for me to enter on LTF.

I added a trade alert so I will not look at this pair in the week until my alert gets triggered.

Once price goes to my sell zone and I get my alert, that's the time I will go down and find my possible trade entry on lower timeframe so I can have a tighter stop loss and possibly get a better risk reward ratio.

Possible target would be the next swing low on the 4H timeframe.

I will update my trade idea here once price goes to my buy zone for my possible entry on the lower timeframe.

4天前

评论

4H Market Structure Break just occurred and now I have a confirmation that we have more possible downside move for this pair..



Now my next alert would be for the pullback/retracement to happen and I will wait for the price to go to my sell zone where I placed another alert for me to enter the sell trade.

Still waiting up to this point... but the good thing is we have a valid sell trade setup.