AUD/USD - SIGNAL - BUY / LONG - HARMONIC CONFLUENCE
My details:
Entry @ 0.70710
Stop loss @ 0.70130 (58 pips)
Target @ 0.71510 (80 pips)
R:R = 1:1.38
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The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Entry @ 0.70710
Stop loss @ 0.70130 (58 pips)
Target @ 0.71510 (80 pips)
R:R = 1:1.38
Please follow and leave a like if you enjoy what you see want to see more live signals :)
The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Comment:
price surged a couple of points before entering my entry zone
Comment:
an almost textbook trade...