A well beaten Aussie still sit just above the Bullish line, 0.7210 stand as a price structure that will dictate where price will end up in the short term. A violation is in place, we can expect a push to the upside to correct the violation, buyers may push price above the momentum high or just shy of the high.
Entry Long: 0.7230
Target: 0.7343
StopL: 0.7160
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To achieve consistent results; as a Trader your Job is:
You must have a well defined Rule-based methodology/strategy that works Minimum of 5 out of 10 times.
Practice and understand your strategy.
Analysis followed by Confirmation and lastly and the most crucial; Execution (Optimum Entry, Exit, Tp and SL).
Keep it this simple and you will not Fail.
Entry Long: 0.7230
Target: 0.7343
StopL: 0.7160
----------------------------------------
To achieve consistent results; as a Trader your Job is:
You must have a well defined Rule-based methodology/strategy that works Minimum of 5 out of 10 times.
Practice and understand your strategy.
Analysis followed by Confirmation and lastly and the most crucial; Execution (Optimum Entry, Exit, Tp and SL).
Keep it this simple and you will not Fail.
註釋
Price is basically doing nothing so far. Our entry remains the same, long above 0.7230
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