Price is testing an upper parallel of a median line set, and having a valid slope, we may trust this level. Stoploss and profit targets as shown at the chart. Always move stoploss at BE when first target has been reached.
Like and follow for updates...!
Like and follow for updates...!
For this AUDUSD setup price almost hit our first target before the news released. With 1.70:1 you could easily take the profits. I was sleeping and couldn't update. The news came out stoploss was hit and then price collapsed. Remember that before trying to make money in the markets, you should protect the ones you have in your account. So in future setups even if i don't update the posts, try to protect your capital. Today we have high volatility news and no interest in trading.. If you have any questions feel free to ask..!