AUDUSD down to next mitigation bloc
Break of recent 4 hour highs. Now retracing to un-mitigated bloc near initial run up on news. Entered short after consolidation, stop hunt and bloc fill on 15 min chart within increased liquidity Asian session. I anticipate the Aussie employment news on Wednesday will trigger the next bloc fill near my target. Then looking for longs to break to new 4 hour highs....
Kommentar:
Came within 4 pips of my target. I saw it hit .7170 and greed took hold so I held it. Needless to say, price didn't return. Once it broke short-term structure to the upside, I manually exited with less than half of my original goal. They say profit is profit, but I hate letting pips slip through my grasp.