Crushed AUD/USD short for a +118% gain (+88.9 pips)! 📉💰
https://www.mql5.com/en/signals/2398696
Here is how the trade played out:
Entry: 0.70189 (Short rejection at major 0.7000 psychological resistance)
Exit: 0.69300 (Took profits directly into major lower support)
Return: +118% ROI
🧠 Trade Breakdown & Setup:
Technical Setup: Spotted a clean lower-high structure and failure to hold above 0.7000. Once price broke through key support, sell stops were triggered for a swift downward drop.
Fundamental Catalyst: Classic "sell-the-news" move following the RBA's dovish hold/rate sentiment alongside ongoing strength in the US Dollar.
Execution & Risk: Managed position size to maximize leverage efficiency while securing an asymmetrical Risk-to-Reward ratio.
Patience + Plan = Results. On to the next trade! 📈📊
https://www.mql5.com/en/signals/2398696
Here is how the trade played out:
Entry: 0.70189 (Short rejection at major 0.7000 psychological resistance)
Exit: 0.69300 (Took profits directly into major lower support)
Return: +118% ROI
🧠 Trade Breakdown & Setup:
Technical Setup: Spotted a clean lower-high structure and failure to hold above 0.7000. Once price broke through key support, sell stops were triggered for a swift downward drop.
Fundamental Catalyst: Classic "sell-the-news" move following the RBA's dovish hold/rate sentiment alongside ongoing strength in the US Dollar.
Execution & Risk: Managed position size to maximize leverage efficiency while securing an asymmetrical Risk-to-Reward ratio.
Patience + Plan = Results. On to the next trade! 📈📊
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