AUDUSD Dec.13, 2018
December 13, 8:30am
- Short Position
- 6 lots
- SL: 17.1 pips
- TP: 39.3 pips
Confirmations:
- False breakout at previously used resistance
- 61.8 retracement on pullback
- Multiple wicks, doji
Results:
AUDUSD Dec.13, 9pm
- Profit: $2,358
- Loss: $0
Thoughts:
- I knew this was a strong area of resistance. When I saw the fake breakout, it added another confirmation for me. Finding a good entry was difficult, but once I saw the doji a couple candlesticks after the bearish engulfing it was go time.
- Short Position
- 6 lots
- SL: 17.1 pips
- TP: 39.3 pips
Confirmations:
- False breakout at previously used resistance
- 61.8 retracement on pullback
- Multiple wicks, doji
Results:
AUDUSD Dec.13, 9pm
- Profit: $2,358
- Loss: $0
Thoughts:
- I knew this was a strong area of resistance. When I saw the fake breakout, it added another confirmation for me. Finding a good entry was difficult, but once I saw the doji a couple candlesticks after the bearish engulfing it was go time.
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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.
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.