AUDUSD - Upside Potential

Note(s):

There is a potential for a powerful wave-5 to the upside (& here is an opportunity to catch it).

(I'm also in this trade currently.)

*Smaller trade size only (should any risk arise from sudden USD strength/rally); keep stop-loss tight & actively use T-SL & BE-SL to prevent untamed losses & to secure any profits.

Best regards.

Kommentera:

Added another 1-lot Long position (at 0.75020) just now. (Still can add another Long position right now, but I'll wait & see...)

Regards.

Kommentera:

SL moved to break-even position (with some profit).

*I think it's less likely that I will add anymore Long position(s) to this trade. (But I will see...)

Regards.

Kommentera:

Taken out at BE.

I will look to Long again.

Regards.