2. Basic rules

Now, for this strategy, a series of basic rules should be considered and a series of limits should be specified:
- Transaction invoice
- Trading time frame
- Trading time range
(The above three items are personal and no one can choose for you except yourself)

- Entry point: most strategies have several different entry points with different risks and rewards (I recommend that you use safer entries with lower rewards at the beginning)
For example, you can enter with the first micro pullback after the main pullback (in fact, the HIGH1-LOW1 setup) / by entering the pattern pullbacks and after fixing the pattern break / by entering after the trigger of the HIGH LEVEL spike break and... or Such cases are your own and should be related to the trading style and the concept of that style.

- Stop point: For this point, like the entry point, there are different choices, and again, my recommendation for the beginning of the work is to stop farther away (with the maximum allowed risk).
In this strategy, your stop can be behind the first spike candle / behind the deepest pullback level / behind the trigger candle and...

- Exit point or TP:
It is not important at this stage and we will decide about it in the next stages.
continues...

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🥇 Forex Signals 🥇

📆 Signal Published ::::::: 2/12/2024

✅ Symbol ::::::: AUDUSD

📈BUY AREA ➡️ 0.6447

💠 Take Profit 1 : 0.6485
💠 Take Profit 2 : 0.6540
💠 Take Profit 3 : 0.6620
💠 Take Profit 4 : 0.6700

✖️Stop Loss ➡️ 0.6387 (60 PIPS)

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🏆Forex Signals 🏆

AUDUSD

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📆 Signal Published ::::::: 2/12/2024

✅ Symbol ::::::: GBPAUD

📈SELL AREA ➡️ 1.9612

💠 Take Profit 1 : 1.9565
💠 Take Profit 2 : 1.9510
💠 Take Profit 3 : 1.9420
💠 Take Profit 4 : 1.9335
💠 Take Profit 5 : 1.9250



✖️Stop Loss ➡️ 1.9672 (60 PIPS)

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GBPAUD

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Today Economic Calendar GMT
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