Inside Day candle on AUDUSD, 240

Looks like a new trading opportunity has shown up on the AUDUSD, 240 chart: an "Inside Day" candle after a hit at the upper Bollinger Band. An interesting trading idea might be placing a pending order right below the low of the ID candle, SL slightly above its high. Then if the account size permits split the order in 3 chunks with take profit the middle line of the BB (TP1), the lower BB (TP2), and optionally trailing a third chunk with the BB middle line (closing the trade ONLY on candle close back above the middle line). Worth at least a "0.01 x 3" try.

Dagangan aktif:

New take profit values:
TP1: 0.74486
TP2: 0.74110

Dagangan ditutup: hentian tercapai:

Didn't break thru. Next time.