Categories
Charts, Levels and Strategizing

AUDUSD: Week of 12 June 2023

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

AUDUSD is heading to an area of resistance. I will look to go short if I price gets there, and I get confirmation in terms of price action / candles as 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.