Forex Signal For AUD/USD: Bullish on Risk-On Sentiment.

    Forex Signal For AUD/USD: Bullish on Risk-On Sentiment.   Bull Market is facing potentially strong resistance at 0,7271. The reason the AUD/USD signal didn't trigger last Tuesday was because there was no bearish action when the resistance level at 0,7148 was first reached.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tip

 

• The next tap on 0,7271, 0,7302 or 0,7321 immediately go sell after a bearish price reversal on 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: Bullish on Risk-On Sentiment.

 

Buying Trade Tip

 

• With the next touch of 0,7123, immediately watch for a bullish price action reversal on the H1 time frame.
• 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, take 50% of the position as profit and leave the rest of the position running.

   

You may also be interested in:

 

Forex Signal For EUR/USD: Consolidation Will Continue.