AUDUSD - likely to consolidate
recap previously we had good long trade almost capturing 75pip with good RR
then at the resistance i tried to scalp a short trade i got stopped out in the trade with small stop loss
currently as the price is moving seems like it will be consolidating or going sideways
we will stay out of the trade and wait for the either side impulse reaction
then at the resistance i tried to scalp a short trade i got stopped out in the trade with small stop loss
currently as the price is moving seems like it will be consolidating or going sideways
we will stay out of the trade and wait for the either side impulse reaction
Note
price is still on the sideways movementNote
we have break from the consolidation
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.