AUD/USD Trade Setup (High Probability)

27 Ara 2019

We've broken the HTF double top in the form of an ascending channel. Within the ascending channel, we've reached the structure high for that 3rd touch. Now we're waiting for price to fill the spike and form a retrace. I'll be entering on the retrace formed after filling most of that wick with a 15-20 pip stop depending on the size of the 1hr retrace.

27 Ara 2019

Not

Looking at this now, you can get in on the doji and still have nice cover with a 15 pip stop and that's what i'll be doing.

27 Ara 2019

Not

If you don't get triggered into the doji entry but we end up getting a retrace after filling the spike, then i'll be readjusting my entry to the 1hr retrace.