Forex Signal For AUD/USD: Bearish Triangle!

  Forex Signal For AUD/USD: Bearish Triangle!   There is a chance that the price will drop below the 0.7420 level!   AUD/USD signals were not triggered last Tuesday, as there was no bullish price action when any of the two support levels identified that day was reached.  

For today's AUD/USD pair signals,

• the risk is 0,75 % and
• trades can only be taken before 5:00 PM Tokyo time on Friday.

 

Sales Trading Tips

 

• Go sell on the next touch of 0,7467, 0,7485, 0,7505, 0,7524, 0,7537 or 0,7548 and on the H1 timeframe after a bearish price reversal.
• Place the stop-loss 1 pip above the local high swing.
• Leave the stop loss active even when you are 20 pips profit in the trade.
• When the trade reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position running.

Forex Signal For AUD/USD: Bearish Triangle!  

Buy Trading Tips

 

• Enter buy on the next touch of 0,7430 or 0,7367 and on the H1 timeframe, with the reversal of the bullish price action.
• Place the stop-loss 1 pip below the local low swing.
• Set the stop loss even when the trade is 20 pips in profit.
• When the trade reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position running.

 

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