Mulai
arieg1985

Possible Long & Short Position for AUD/USD_Trade Plan 2017.06.22

Dollar Australia / Dollar AS (OANDA:AUDUSD)  
arieg1985  
OANDA:AUDUSD   Dollar Australia / Dollar AS
AUDUSD short LONG tradeplan daytrade
5
0
audusd short long tradeplan daytrade
snapshot

D1 and H4 are both show the overall trend is still up with price still holding up above MA200.
Currently, price pull back closer to it.
In H1, currently price breaks down previous support area turns to resistance 0.75641-0.75735 and continue moving lower.
Thus, the market bias now is still neutral.
There are 2 potential trade setup could be take:

Trade Plan 1:
If price continue pull back to support area 0.75174-0.75247 and rejected up (even better if triggered with false break out to the upside), long the market to follow the major uptrend.
With Stop Loss 22 pips and Target Profit 44 pips, the potential trade offers 2.00 Reward-To-Risk Ratio.

Trade Plan 2:
If price bounce back up to the above resistance area 0.75641-0.75735 and rejected down, short the market to follow the current minor downtrend.
With Stop Loss 22 pips and Target Profit 44 pips, the potential trade offers 2.00 Reward-To-Risk Ratio.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.