AUDUSD - D - SHORT
Updated
Dear traders,
Here is a new SHORT signal on AUDUSD :
Entry : 0.79555
SL : 0.80622
TP1 : 0.78362
TP2 : 0.77480
TP3 : 0.76597
TP4 : 0.75370
Reasons for this short : On daily, I'm seeing a breakdown of TDI indicating that price will shortly follow. AUDUSD is quite bullish on monthly so this short is not aimed for long term daily trade, only a swing pullback. 4H seems to indicate that both MA and RSI50 TDI are strong resistance, that could confirm the pullback theory.
Trade with your own diligence,
GL HF
Here is a new SHORT signal on AUDUSD :
Entry : 0.79555
SL : 0.80622
TP1 : 0.78362
TP2 : 0.77480
TP3 : 0.76597
TP4 : 0.75370
Reasons for this short : On daily, I'm seeing a breakdown of TDI indicating that price will shortly follow. AUDUSD is quite bullish on monthly so this short is not aimed for long term daily trade, only a swing pullback. 4H seems to indicate that both MA and RSI50 TDI are strong resistance, that could confirm the pullback theory.
Trade with your own diligence,
GL HF
Comment
Closing 25%@TP2.SL still at BE.
Comment
Hi guys, updating a bit this idea now :I recommend putting SL@0.79, because we will have end of consolidation soon : on daily we are floating at RSI50 without breaking PAC and on 4H we also are foating around RSI50. Triangle is finishing soon, so if this goes up, we can close our short with some profits and switch to long if confirmed.
If not, then all good for our TP3&4!
Comment
It seems we're breaking the triangle downward...Comment
Closing 25%@TP3. Could be an OTK here.Comment
SL@0.78375Trade closed: target reached
TP4 hit today! On the last day, as planned.
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