The Aussie has been one of those dream charts that allows for tiny risk on the stop loss with very decent swings.
I’ve been all over this one trading the swings. Always good to keep an open mind and play the price without your bias (position direction) blinding you to the obvious twists and turns.
At the time of writing I have just taken a short position at the channel top (green line) with a very tight stop loss. My third directional change or swing trade in as many days………….i have no idea if this will be the correct action to take in such a strong upward move, but my risk is minimal.
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