Forex Signal For AUD/USD: Long Term Downward Wedge Shows Success.

    Forex Signal For AUD/USD: Long Term Downward Wedge Shows Success.   AUD cannot compete with USD strength. The previous signal on July 5 was not triggered because there was no bullish price action on any of the key support levels when they were first reached that day.  

Today's AUD/USD Signals

 

• Risk 0,75%
• Transactions must be entered before 17h00 Tokyo time on Friday.

 

Sales Trade Tips

 

• The next touch to 0,6797 or 0,6835 immediately go selling as soon as a bearish price action reversal on 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 last.

 

Forex Signal For AUD/USD: Long Term Downward Wedge Shows Success.

 

Buying Trading Tips

 

• With the next touch of 0,6731 or 0,6683, immediately follow the reversal of the bullish price action on 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 last.

   

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