Forex Signal For AUD/USD: First Bounce at 0,7000 Observed in Bull Market

    Forex Signal For AUD/USD: First Bounce at 0,7000 Observed in Bull Market   The pair is trading higher above 0,7063. The previous signal on June 7 was triggered as there was no bearish price action when the resistance level set at 0,7213 was first reached.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tips

 

• The next touch to 0,7038 or 0,7063 immediately go sell as soon as a bearish price action reverses in the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For AUD/USD: First Bounce at 0,7000 Observed in Bull Market

 

Buying Trade Tips

 

• Next touch 0,6995, 0,6976 or 0,6950 and immediately buy as soon as the H1 time frame reverses the bullish price action.
• Put the stop loss 1 pip below the local swing low.
• Set 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 leave the rest of the position running.

   

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