Forex Signal For AUD/USD: New 3-Month High.

    Forex Signal For AUD/USD: New 3-Month High. A downtrend within a strong uptrend. Last Tuesday's AUD/USD signal produced a losing short trade entry from the bearish rejection of the resistance level set at 0,7505.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tips

 

• Next touch 0,7505, 0,7524, 0,7548 or 0,7569 and immediately sell as soon as a bearish price action reverses 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: New 3-Month High.

 

Buying Trading Tips

 

• Next touch 0,7437, 0,7408 or 0,7366 and immediately follow the reversal of the bullish price action on the H1 time frame.
• Put 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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Forex Signal For EUR/USD: Bear Market Double Top reaches 1,1668.