AUDUSD – Trading Plan

The AUDUSD is trading in a short term range around a LT resistance level (blue level):

AUDUSD
AUDUSD

Here is my trading plan:

As long as the AUDUSD keeps trading in between both green levels, I will try to trade the ST range.

If the AUDUSD breaks the ST resistance level (upper green level), it will trigger a bullish market condition and only long opportunities will be in play.

If the AUDUSD breaks the ST support level (lower green level), it will trigger a bearish market condition and only short opportunities will be in play.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .