AUDUSD - Break and retest strategy
Hello everyone!
I will keep it compact as always:
1. MA 8 crossed MA 50
2. Support broken
3. retesting support that became resistance (fib golden zone)
4. If it cannot break above you know that it is a downtrend
5. enough confirmations
Simple break and retest strategy
I hope you like it!
I will keep it compact as always:
1. MA 8 crossed MA 50
2. Support broken
3. retesting support that became resistance (fib golden zone)
4. If it cannot break above you know that it is a downtrend
5. enough confirmations
Simple break and retest strategy
I hope you like it!
Just wanted to say... If it does something weird that you didn't see coming, close the trade at breakeven or with a small loss.
Never forget we need to improvise the market!!