Forex Signal For AUD/USD: Bullish Wedge Dominates

    Forex Signal For AUD/USD: Bullish Wedge Dominates   The 0,7400 area may offer resistance in the short term.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tips

 

• On the next touch of 0,7398, 0,7424 or 0,7450, go short immediately after a bearish price reversal on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set a 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 Wedge Dominates

Buying Trading Tips

 

• The next touch of 0,7356, 0,7335 or 0,7303 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.
• Set a 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.

 

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