Jack_Le

AUDUSD WAITING FOR BUY ENTRY ON H4 PART 2

לונג
Jack_Le מעודכן   
FX:AUDUSD   דולר אוסטרלי/דולר אמריקאי
We have bought AUDUSD at 0.687x and fortunately, it made a good bounce :) from our entry.
What's next, now we are waiting for price action at 0.691-693 to confirm the low of the daily chart.

Weekly Support Zone
Waiting for a Bullish Signals => BUY

Plan 1: Buy AUDUSD 0.686 - 0.688
TP1: 0.693 TP2: 0.70
SL: 0.685

NOTE: All of my plans, you have to be patient to wait for the price close to the EXPECTED ZONE. Then you should WAIT FOR REVERSAL CANDLES or PATTERNS on the low timeframe before EXECUTING ORDERS.
Please LIKE and Leave a COMMENT!
הערה:
First time to touch EMA 100 on the H1 chart.
Short-term target is 0.691x with 40+ pips from our entry
הערה:
A bit rejection from 0.693x, RS on H4 chart
הערה:
Assume 0.686x is the big reversal point, 0.689 - 0.6905 must be held
and we will make HIGHER HIGH very soon
הערה:
Good news about election could not boost Aud.
Now we will trade inside this range.
הערה:
Great Reward/Risk ratio to BUY
הערה:
הערה:
הערה:
This range trading works very well:)
הערה:
Now i think it will test 0.689 - 0.69 again
הערה:
Failed at level 0.6905 again
הערה:
The price went up and down in the range with the target of this swing is 0.693
It is called sideway structure, quite boring but safe profit :). Note that we only go Buying not Short-Selling
הערה:
Going up as planned
הערה:
First target reached. Now waiting for price action at this zone
הערה:
הערה:
הערה:
Still in the support zone but it looks quite weak
הערה:
Range trading again
הערה:
30 pips done
הערה:
Next target 0.697
הערה:
Almost reach target
הערה:
הערה:
This analysis took too long so I will not update it anymore. If it makes a correction then I update you with another analysis.
Congrats followers for great trade again:).

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