AUDUSD structure and .618 tested
Bigger time frame trade. Price pullback to the consolidation channel and .618 of recent bearish swing. Good place to sell high. Stop loss above previous high.
Comment:
1:1 risk reward achieved here. good place to take profit at make this a risk free trade.
Trade closed: target reached:
trade closed. target reached.
Dan
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)