AUDUSD Long Scale-In

Mar 26, 2021

Hi Traders,

I just entered into this scale-in position on AUDUSD.

My confluences are as followes:

• Daily and weekly demand zone
  
• 4-hour & 1-hour MACD divergence
  
• RSI 4H oversold
  
• Daily deceleration in demand zone
  

Downside:

• Daily H&S pattern, trading into neckline
  

My position
Entry: 0.76125
Stop Loss: 0.75785 (34 pips)
Take Profit: Open

Best regards,

Don Deesker

Mar 28, 2021

Note

Stop loss now at 0.76050.

Mar 29, 2021

Note

Stop loss at BE.

Mar 30, 2021

Trade closed: stop reached

SL hit (in profit) @ 0.76270 / 0.45RR.