AUDUSD - Last Bearish Leg!
AUDUSD has given us 3 incredible setups in the last few months.
Our first trade setup was after we broke the ascending trendline. We waited for a pullback and jumped in. Currently sitting at around 450pips. We also entered twice more on the clean corrections AUDUSD made.
We are now anticipating one final leg down before expecting a reversal.
Trade Idea:
- Watch for subwave 4 correction
- Enter on break of subwave 4 correction with stops above the correction
- Manually taper off positions as we move down
The longer term trade idea would be the reversal. Once we see the 5th wave down, we can monitor it closely for a reversal. One of the ways we can do that is by draw a descending trendline and wait for a breakout, indicating that bulls have stepped in.
Goodluck and as always, trade safe!
See below for our VIP setups.
AUDUSD Trade 1:
AUDUSD Trade 2:
AUDUSD Trade 3:
Our first trade setup was after we broke the ascending trendline. We waited for a pullback and jumped in. Currently sitting at around 450pips. We also entered twice more on the clean corrections AUDUSD made.
We are now anticipating one final leg down before expecting a reversal.
Trade Idea:
- Watch for subwave 4 correction
- Enter on break of subwave 4 correction with stops above the correction
- Manually taper off positions as we move down
The longer term trade idea would be the reversal. Once we see the 5th wave down, we can monitor it closely for a reversal. One of the ways we can do that is by draw a descending trendline and wait for a breakout, indicating that bulls have stepped in.
Goodluck and as always, trade safe!
See below for our VIP setups.
AUDUSD Trade 1:
AUDUSD Trade 2:
AUDUSD Trade 3:
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.