AUD/USD: Strong Resistance and Double Top At 0.713
on 4h TF, AUD/USD has found strong resistance several times in the past at 0.713
a 4h candle close below 0.713 offer SELL opportunity, target 1 at 0.706, target 2 at 0.70.
a 4h candle close below 0.713 offer SELL opportunity, target 1 at 0.706, target 2 at 0.70.
Nota
I sell one at 0.71243, SL at 0.71350, just a little above 0.713Nota
5min chart has H&S pattern, a close below 0.712, add another lot, that would be fun.Nota
Another sell at 0.71195, Stop Loss if 5min candle close above 0.71214Nota
Now move the first sell to break even at 0.71243, sit down, and enjoy.Nota
The second sell close if 5min chart close above 0.712Nota
Close the second sell at 0.71192, because 5min chart has strong up.now has 1 sell at 0.71243, wait for US new today and then decide later.
Nota
Seems like if I didn't move ST to break even, keep ST at 0.7135, then it would survive ( because of news make a lot of volatility). Now way down to 0.706. Lesson learned!
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.