AUDUSD short! Scalp/day trade
Once price passes the Area Of Value marked out on my charts, the trend should continue down. We are in a struggling downtrend on the 15m and even higher timeframes, but once price passes the AOV we should see a continuation... if it does pass. Price has been struggling to pass this support but when it does it’ll hopefully be an impulsive move to the downside. As usual use 10 pip stop loss and enter 1 pip exactly after passing the AOV. Go for at least a 1:1 RR. Nice one traders
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