AUDUSD 2618 trade (look at 5M timeframe) SELL idea

please look at 5 m timeframe and find that same 2618 trade.

good luck an ddont risk too much! calculate your stopploss and make sure you cant lose more than 1% of your account when sl is hit!

Kommentera:

pic of 5 m chart (was not allowed to publish it as a 5m chart idea...)

Kommentera:

you could trade this as a 15m timeframe inside bar breakdown...

Kommentera:

for the 2168 trade: adjust fibs because it dropped lower and keep on doing so

Kommentera:

Kommentera:

it became a 1h candle inside bar

Kommentera:

price broke double top. abviously not what i expected.. my sl is 0.7678

Kommentera:

i gave it another try with that 4h inside bar after new high was formed.
entry order got triggered @0.7650, now sl is put to breakeven.

Kommentera:

stopploss 10 pips (plus your spread maybe) above a double top is always a good idea so you dont get shaken out