Forex Signal For AUD/USD: Shows A Break From The Narrowing Triangle Pattern.
Forex Signal For AUD/USD: Shows A Break From The Narrowing Triangle Pattern.
The best opportunity is likely to be longer than the supporting join.
The previous signal on June 27 did not trigger because none of the key support and resistance levels were reached that day.
Trades must be entered before 17h00 Tokyo time on Friday.
Sales Trade Tips
Sell as soon as a downside price action reversal on the H1 time frame, right after the next tap on the descending trendline shown in the price chart below, which is currently at around 0,6943.
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: Shows A Break From The Narrowing Triangle Pattern.
Buying Trade Tips
With the next touch of 0,6848 or 0,6774, 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.
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.