AUDUSD - we saw a low of 0.7010 then bounced back up to 0.7033 where I entered my short. We need to get through the 0.7006 fibbo support lvl and then we could see further momentum to the downside. Fundamentally, I believe in this trade as the asset responds negatively to volatility and a risk off mood that we could experience towards the US election. Entry: 0.7033 SL: 0.7065 TP: 0.6980.
Note
MOVED SL TO ENTRY @ 0.7033. NOW @ 0.7008Note
MOVED SL TO 0.7020, SO WE MAKE MONEY EITHER WAY..... NOW @ 0.7013Note
Closed @0.7007 for a profit of +23 pips! As I feel there is a barrier at the 0.70 level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.