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Trade Signals, Set-ups, Charts, Trading Talks and Profitable Strategies
Member Since Sep 01, 2022
24 posts
May 09, 2024 at 18:53
Member Since Sep 01, 2022
24 posts
YourLazyTrader posted:
AUD/USD Trade set-up : In the 4Hour chart, price has reached the supply level once again. In case of bearish Price Action, we can consider selling AUDUSD
On the weekly chart, the AUDUSD has a clear BUY entry price at 0.6667 (plus 1 pip)
The type of price bar formation is a "reverse hook entry"
Chance to stay in the trade to approx. 0.6910
A little bit of knowledge is a dangerous thing!
Member Since Sep 01, 2022
24 posts
May 19, 2024 at 19:43
Member Since Sep 01, 2022
24 posts
As expected, the above posted BUY entry price AUDUSD at 0.6667 was reached and the order was filled.
This trade has potential to trade to the "cavity" of 0.6957 as a first exit, (weekly chart) and later in the year to the 0.7455 cavity, also visible on the weekly chart.
This trade has potential to trade to the "cavity" of 0.6957 as a first exit, (weekly chart) and later in the year to the 0.7455 cavity, also visible on the weekly chart.
A little bit of knowledge is a dangerous thing!

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