AUDUSD M15 – VSA+Reversals trading +77Pips

2015-12-17 19_40_32-AUDUSD,M15

AUDUSD was moving in descending triangle. It was possible to draw a down-trendline and market turned 4 times near this resistance. Lower limit of this triangle was a support line. Recently it was broken by wide spread down-bars with high volume.

The following trade was opened after another reversal near the down trendline:

2015-12-17 20_17_50-AUDUSD,M15

  1. At the time of entry background was weak.
  2. Weak signal (Minor Supply) before trend changed. Reversal signal also confirms market reversal in this place.
  3. Dynamic trend turned from green to red.
  4. Entry when price still didn’t move too far (stop-loss is placed above down-trendline)
  5. Exit after 2 Minor Demand signals

Total: + 77 Pips



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