13 Oct 2022

12 Oct 2022: AUDUSD

 AUDUSD long trade on 12/10/22

Pre-Analysis:-

- USD was the strongest currency across the board, while AUD was one of the weakest.


- Technical analysis show this


Entry:-


Post Analysis:-

- Trade ended with loss.
- Full loss as price hit stop
- Technical perspective, should not be an entry as BB flat not trending (in H1)
- Next time avoid trading in the region of BB flat.