Clean 4H range rotation trade
Trade: Short AUDUSD
Trade type: Stop target trade and 4H range rotation Date:05/01/2023
Trade idea: Move down against the new longs to complete rotation of 4H range and take out MT stops below
Y-axis PB: Longs above blocking price small amount of short below(Neutral – positive) 75%
X-axis PB: Big new longs entered clear DM switch (Posative) 100%
Net DM: Short decreasing long increasing no squeeze(Neutral – positive) 75%
Net T-in-prof: No position in profit (Neutral) 50%
Lev Positions: Note clear 60%
1D chart: Just taken out 200MA MA target below (positive) 100%
Where in range: Top of the range (positive) 100%
Trade Score: 5.6/7 80% (high confident trade)
Entry: 0.6803
SL:0.68839 ( above upper MT stop)
TP1: 0.67259 (75% up the range 4H range and lower MT stop)
TP2: (To be determined or triggered by DM switch)
Trade Closed: 0.67259
