AUDUSD COUNTER-TREND LONG & POTENTIAL SHORT

I wan to use a 5min entry to catch the buys for the sells. While waiting, make sure to manage risk a trail SL when price has broken above 0.64975. I can see a potential entry here and go short only if price present and opportunity for me on the 5min. Mind you this zone can be used as liquidity to get early sellers in the market while it mitigates the upper zone which looks more potential to me, so lets look out for that too, only enter when you see a confirmation.

See comment for 5min entry for the counter-trend long. Cheers

Commentaire:

Here is the 5min entry for the long.