ENTRY 0.9980 is a newly formed 2H demand zone on zone. Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP 0.9960 is 20PIPs right outside of the low for some protection
TARGET 0.0180 is the same weekly supply zone. A 4H supply zone was formed, will be hard to break the first test.
NOTES A second re-entry is possible maybe more probable too lower. Entry : 0.9950 Stop : 0.9930 Target : 0.0180
Trade active
Trade opened, will actively monitor now.
Note
Not looking so healthy ATM. We'll keep managing it may be a manual close from here and wait for the second entry.
Trade closed manually
I manually closed for a -5 pip lot but re-entered lower at 0.9971
Trade active
Re-entered the trade at 0.9971 and thing are much healthier. Will actively manage
Trade active
Price is testing a new 4H demand zone ATM. We'll see if it's going to break it or not.
Trade active
This might have to be a 1:3 risk to reward deal. Looks like some AUD news coming soon.
Trade closed: target reached
Moved target to 60 pips, took 1:3 RR. That was a good call news was negative for AUD, that popped things up and now has been drifting down. Looking for a new setup
Trade active
Re-entered with second entry at 0.9940 confirmation. Stop at 0.9920. Trade looking healthy so far
Trade closed: stop reached
Re-entered but the trade reversed and stopoped out
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