AUDUSD || back to reality
W1 stochastic in oversold
D1 stochastic 50%
4h stochastic high
W1 D1 - downtrend. The price is below the main EMAs.
Countertrend entry in anticipation of a correction to 50-61% + major EMAs
ideally would put a stop under 0.66000.
But since I want to confidently reach 2r, I put it higher
D1 stochastic 50%
4h stochastic high
W1 D1 - downtrend. The price is below the main EMAs.
Countertrend entry in anticipation of a correction to 50-61% + major EMAs
ideally would put a stop under 0.66000.
But since I want to confidently reach 2r, I put it higher
Trade closed: stop reached
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