I see everyone going short on AUD but what I see on Daily and Weekly chart tell me to go the opposite way. Daily showing LH HH, with Wickoff accumulation phase. I am going contrarian, I might be wrong but RR is good enough to take the risk. If does work out the return is pretty juicy. I am timing my entry on the 4H chart, and target on Daily. Not financial advice bla bla... Trade Safe!!
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Was it cause of that rising wedge on the 1H that everybody shorted?!?
Сделка активна
Ok order filled @ .7588 1st Target : .7745 2nd : .7819 3rd : .80
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S/L @ .7538
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S/L moved to .75 as Fibo golden ratio seem a lil weak. 0.786 retracement seem to be more relevant for a bounce or I'm totally wrong and everyone was right o short it!!
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