Categories
Charts, Levels and Strategizing

AUDUSD: Week of 2 May 2022

See daily chart of AUDUSD below for the discussion that follows.

AUDUSD is approaching an important support level. Should price reach this area in the coming week / weeks I will consider going long if I see the relevant price action / candles a per my strategy.

Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.

On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.

Thanks for reading.

Thanks and Regards,

Trading SOS SOS