Forex Signal For AUD/USD: Beginning of Consolidation.

    Forex Signal For AUD/USD: Beginning of Consolidation. The Aussie  showed weakness from the dove RBA minutes. Last Tuesday's AUD/USD signal produced a very profitable short trade from the bearish reversal of the inside bar rejecting the resistance level set at 0,7430.  

Today's AUD/USD Signals

 

• Risk 0,75%
• Transactions can only be received on Wednesday before 17h00 Tokyo time.

 

Sales Trade Tips

 

• On the next touch of 0,7390 or 0,7430, go sell immediately after a bearish price reversal in the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Move stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.

 

Forex Signal For AUD/USD: Beginning of Consolidation.

 

Buying Trade Tip

 

• At the next touch of 0,7321 or 0,7267, immediately go buy following a bullish price action reversal in the H1 time frame.
• Place the stop loss 1 pip below the local swing low.
• Move stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.

   

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