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BengalLol

AUDUSD Long Stop Limit Order

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Dólar Australiano/Dólar Americano (FX:AUDUSD)  
BengalLol Atualizado   
FX:AUDUSD   Dólar Australiano/Dólar Americano
Trend Lines Supply and Demand Fundamental Analysis AUDUSD LONG risk_reward
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trendline supplyanddemand fundamental audusd long risk_reward
AUDUSD is set up fundamentally to be a bullish trend, with AUD scored at +20 and USD at -20. On top of Technical Analysis Support that points towards a good limit order opportunity. the Risk reward on this opportunity is also very strong. the choice is to either have a limit order or wait for confirmation of resistance off this trend line
Comentário:
Got pretty close to my stop with the limit order but the trade windowed up in favor of the position over the weekend.
Some risk mitigation methods can be applied here, through closing a portion of the original position.
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