Trade still active from yesterdays low, I am currently 5 pips below this candle and 2 pips below the other candles due to the rejection at this level.
This trade I just took in the direction of the previous trend on the 4HR chart. This is a pure candle pattern trade. with confirmation of the spinning top. I have a 25 pip stop and a pottential of over 100 if the trade reverts back to the daily trend. I am aware that on the 4HR I am above the 50 SMA but after seeing the candle signal and the break of the low I entered on the back of the potential RR ration.
Trade triggered AUSUSD 200 RR - daily. Image below cant be removed this is a previous candle chart has also been trigger on the AUSUSD.
AUSUSD trade taken on daily chart. Will just let these trades run, triggered over night. See what happens, still playing with timeframe. Have fun with it, anything else to make this better would be appreciated.
Cherrs.
nice strategic, and will continue follow up and test it.
Hm, this is as 3 Ducks strategy… just hire we have Daily, H4 and H1 and 50SMA. 3 Ducks strategy on highly TF, nothing more 