AUD/USD 1D

Published on Wednesday January 25th, 2012 at 06:02AM by Evermore

 

Here we a long-tailed bullish candle, rejecting the lower area of an obvious rising trendline. Profit target is sitting at the next resistance.

Entry: 1.0489

Stop: 1.0416

Profit: 1.070

Risk to reward ratio: 1-3

  • 1 comment
  • Go to Evermore's profile

    On Thursday January 26th, 2012 at 07:18AM by Evermore -

    After today's close. Moving my Stop Loss to Break Even.

     

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