AUDUSD 0.77940 + 0.19 % SWING IDEA * LONG TERM PERSPECTIVE
Hello everyone
Hope you guys are good, here's a swing idea on the AUDUSD PAIR looking at it from the 4H chart.
* The pair broke out of a descending channel which saw a rally with the bulls to resistance level 1.80103
* Saw strong momentum with the bears to the downside and currently the pair is trading in a bear flag, great opportunity for intra- day traders
to capitalize on the roof and base of structure.
* looking for the pair to rise and test 61.8 % FIBONACCI level as this level is the level aligning well with structure before we see a move with the
bears.
* Targeting both Fibonacci extensions
* follow your entry rules on entries
* significant moves with the bulls change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Hope you guys are good, here's a swing idea on the AUDUSD PAIR looking at it from the 4H chart.
* The pair broke out of a descending channel which saw a rally with the bulls to resistance level 1.80103
* Saw strong momentum with the bears to the downside and currently the pair is trading in a bear flag, great opportunity for intra- day traders
to capitalize on the roof and base of structure.
* looking for the pair to rise and test 61.8 % FIBONACCI level as this level is the level aligning well with structure before we see a move with the
bears.
* Targeting both Fibonacci extensions
* follow your entry rules on entries
* significant moves with the bulls change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Dagangan aktif
Dagangan aktif
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.