Break and Retest, correction setup!

٨ أبريل ٢٠٢١

Hey Trader

Here i have AUDUSD with a beautiful break and retest on my descending trendline. The impulse level which broke the trendline did the correction by 50%_61.8% of the Fibonacci retracement.

Now it's all buys with 2 targets as my Take Profits.

Cheers

٩ أبريل ٢٠٢١

أغلقت الصفقة: تم الوصول لوقف الخسارة

Setup looked good, however, it was against the trend! So, it was wrong!!!