AUDUSD: Morning Scalping
Updated
AUDUSD is retesting a broken support line of a rising wedge pattern.
the price got rejected from that on 4h and formed a dodji candle.
on 1H chart we have a completed harmonic abcd pattern with a completion point lying perfectly on the above mentioned support.
on 30 minutes the price is consolidating within a narrow horizontal trading range.
I want to short bearish breakout of this range.(30 min candle close below)
first goal - 0.7287
scalp trades are very risky.
don't risk more than 0.5% of your deposit on such trades.
if the market sets a new higher high above the horizontal range on 30m, setup will be invalid.
Trade closed: target reached
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