Australia vs. Japan

Right here, we do have a long entry. BUT this one is a bit sketchy, so we should use a smaller position.

In the bigger picture, we just finished a Sequence the second time, and so we activated an even bigger sequence, which now could retrace into its B-C Correction level.

All in all, its a bit complicated, but could work. Me personally, I will take a trade, but with minimal risk.

Happy Trading!

PS I will wait for some structure in the M30 to time my entry. I want a small sequence to form. If that does not happen, I will not enter a trade!

Commentaire:

On its way to the target, lets see if it will be hit!