Reason for entry: Broke resistance and moving average What did price do last time it was in this area?: It went up Any patterns? Squeeze?: Doji at the single bottom Fibonnacis? The shorter the retracement, the shorter the trend. Look to enter when price breaks 100: N/A Divergance?: N/A Breakout & retest?: No, maybe later. last swing low/high broken?: Yes Risk/reward ratio (consider the candle wicks): 4.05 Potential profit: 11.9% Potential loss: 2.9% Indicators: CCI, RSI, MACD, Volume, Moving Average all bullish Multiple time frame support (1W, 1D, 4H): There is confluence on all three time frames Moving Average: Just broke the MA Upcoming news announcements: Two announcements for AUD later in the day How confident are you with your position?: 75% confident How do you feel in general?: A little anxious to trade but still confident
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