Breakout opportunity on AUDUSD

2020年11月23日

A breakout opportunity is forming on the AUDUSD.

The pair is currently consolidating after a recent uptrend that offered two nice buying opportunities. Price movements are increasingly compressed and will eventually break. As of now, the breakout could be either to the upside (trend continuation) or to the downside (retest of the previous major support) so let's just wait and see when the breakout comes.

Last but not least, always check confirmation from the indicators!

2020年11月24日

交易進行

2020年11月26日

註釋

2020年11月27日

註釋

Nearly there, let's just be a bit more patient.
We're now at breakeven so, in the worst case scenario, we get a 2x profit.

2020年11月27日

交易結束：目標達成

Take Profit level hit for a more than 4x profit.