AUDUSD TO TAKE A NOSE DIVE?
What is going on today Traders, pips4peeps here with daily updates. Looking at AUDUSD, Price looks set to go down after a relatively mixed Asian session.
With my understanding of what’s happening in China, I am personally taking a SHORT TRADE on AUDUSD with a 20 pips stop loss above the previous high with the pink dot. Targeting 150+ pips on this setup which makes up a 1:7 Risk/Reward. Overall risking 0.5% should the trade go against my projection.
This is not financial advice, manage your own risk. Happy Tuesday!
With my understanding of what’s happening in China, I am personally taking a SHORT TRADE on AUDUSD with a 20 pips stop loss above the previous high with the pink dot. Targeting 150+ pips on this setup which makes up a 1:7 Risk/Reward. Overall risking 0.5% should the trade go against my projection.
This is not financial advice, manage your own risk. Happy Tuesday!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.