AUDUSD Trade Signal – Long Wicked Candle Bounced Off A Trendline

We have a signal for a short trade on AUDUSD. My entry is at 0.70405 with the stoploss at 0.73474.


This isn’t a perfect bounce, but remember that trendlines are just like S&R. They’re general areas, not exact lines. This one is the 4th bounce on the general area, so it’s considered a “bounce” and is a good trade signal!

Leave a Reply

Your email address will not be published. Required fields are marked *