AUDUSD IN SELLING ZONE
Updated
Before shorting AU wait for trend break of .7790 . Candle must close. Don't get too excited.. Expecting to reach at least .7750 before the pullback ..
Entry .7800
SL .7825
TP1 .7725
TP2 .7675
Entry .7800
SL .7825
TP1 .7725
TP2 .7675
Trade active
Note
If you missed the entry the first time there are no worries. Like I said before there will be a pullback and this pullback is doing it's job at the moment. Fib 50 = .7795
Fib 61.8 = .7803
Watch these Fib levels for a possible entry.
Trade closed: stop reached
We were stopped out at .7825 We will be entering again here at .7810 putting our stop at .7835.
Trade active
Note
Double Top is currently forming.
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