Forex Signal For AUD/USD: Fluctuating Consolidation Pattern Expected

    Forex Signal For AUD/USD: Fluctuating Consolidation Pattern Expected   The previous signal on October 12 produced a slightly profitable long trade from the bullish candlestick that rejected the support level at $0,6250.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tip

 

• Sell ​​immediately after a bearish price reversal on the H1 time frame with the next touch of $0,6520.
• 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: Fluctuating Consolidation Pattern Expected

 

Buying Trading Tips

 

• Go buy as soon as the bullish price action reverses on the H1 time frame on the next touch of $0,6404, 0,6368, 0,6350 or $0,6324.
• 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 continue to drive the rest of the position.

   

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