TheFxAce

SELL Trade Triggerd Moving As Expected :)

Short
FX:AUDNZD   Dollar Australien/Dollar Néo-zélandais
As per my previous post I explained to you that we would likely see a move above 1.09 area where we had a newly formed Weekly SUPPLY/SELL zone from the current move down.

This area has got respected and as per my previous post I would take a position if my TRFX indicator give a higher time frame signal we got that on the 8hr chart around 1.092 and the position is moving nicely.

How I will manage this position will be once price reaches 1.08 I will cut 50% of my position and move my STOP LOSS down towards the entry price maybe a little above it.

And contine to trail the position down towards the 1.04 area bottom of the MONTHLY range lets see how we go :)


Check the related post to understand the reasons behind the position

Free Access to TRFX Indicator here -https://www.forexcopierpro.com/trfx_free_access


Access my Weekly Swing trade setups here - www.forexcopierpro.com/forex-signals-page-info


Join Telegram group -https://t.me/+T7V_JSiKKsliMTJl

Idées en relation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.