Australian Dollar / U.S. Dollar

Short

Break of support, short set up

Updated

Looking for a break down of the support here on AUDUSD

Tight stop

Note

Here's a bigger picture view 1HR frame

snapshot

Trade active

Trade open

Note

The case for an ascending triangle can be made here as well, but thus far looks to be breaking the lower bound of that scenario. Keeping in mind the larger time frames

Note

snapshot

Trade closed: stop reached

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