Forex Signal For AUD/USD: Consolidation Below 0,7430

    Forex Signal For AUD/USD: Consolidation Below 0,7430   Strong resistance levels at the top. After reaching the initial resistance level of 0,7207, there were no reasonable price moves, so the signals were not triggered last Tuesday.  

AUD/USD Signals Today

 

• Risk 0,75%
• Trade can take place before 17h00 Tokyo time on Wednesday.

 

Sales Trade Tips

 

• Go to sale at the next touch of 0,7430, 0,7439, 0,7454 or 0,7513, immediately after reversal of a downward price move in the H1 time frame.
• Place stop loss 1 pip above the local release height.
• Reduce the stoppage loss even when the profit share reaches 20 pence.
• When the profit price reaches 20 pips, eliminate 50% of the position as profit and leave it to hold the rest of the position.

 

Forex Signal For AUD/USD: Consolidation Below 0,7430

 

Buying Trade Tips

 

• At the next touch to 0,7321 or 0,7275, go to buy immediately following a reversal of an increase price move over the H1 time period.
• Place stop loss 1 pip below local release low.
• Reduce the stoppage loss even when the profit share reaches 20 pence.
• When the profit price reaches 20 pips, eliminate 50% of the position as profit and leave it to hold the rest of the position.

 

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