UnknownUnicorn493766

STOP/ENTRY/TP - AUDUSD - SHORT ( ~5% )

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UnknownUnicorn493766 已更新   
FX:AUDUSD   澳元/美元
TRADE 1 FOR 2022

Daily Below our 50 EMA - Solid candle with downwards movement.

4 HOUR - Room to get PA back to the S1 level before the entry is initiated, returning PA to value.

1 HOUR - Tucking our stop away behind structure to protect it from being tagged. Good point for the run downwards. Would confirm the 4 hour and the Daily

TIMEFRAME MANAGEMENT - Crucial fro the entry. As outlined in the TECHNICAL ANALYSIS WORKBOOK.

I would be look for:-
1) Run Pull back to entry - MARKET PHASE
2) Deceleration at our entry zone. Candlestick patterns - Ideally, High test or tweezers.
3) Confirmation on the 1hour with a touch of the 50 EMA.

Green light short

Good R:R - Just want we want.

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