I see everyone going short on AUD but what I see on Daily and Weekly chart tell me to go the opposite way. Daily showing LH HH, with Wickoff accumulation phase. I am going contrarian, I might be wrong but RR is good enough to take the risk. If does work out the return is pretty juicy. I am timing my entry on the 4H chart, and target on Daily.
Not financial advice bla bla...
Trade Safe!!
ملاحظة
Was it cause of that rising wedge on the 1H that everybody shorted?!?
تم فتح الصفقة
Ok order filled @ .7588
1st Target : .7745
2nd : .7819
3rd : .80
ملاحظة
S/L @ .7538
ملاحظة
S/L moved to .75 as Fibo golden ratio seem a lil weak.
0.786 retracement seem to be more relevant for a bounce or I'm totally wrong and everyone was right o short it!!
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AUDUSDaudusdlongChart PatternsTechnical IndicatorsTrend Analysis

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