AUD/USD struggles in the hourly chart, probable sell opportunity
Updated
Hello traders, AUD/USD has been struggling to clear the 0.6620-0.6650 resistance zone.
We have observed multiple bearish candlesticks on the hourly chart.
So, if price continues to struggle here, there could be a potential short opportunity
with initial target at 0.6550 level.
Keep in mind that this is the hourly chart, so even if you sell, consider taking profit
if price moves 30-35 pips in profit
We have observed multiple bearish candlesticks on the hourly chart.
So, if price continues to struggle here, there could be a potential short opportunity
with initial target at 0.6550 level.
Keep in mind that this is the hourly chart, so even if you sell, consider taking profit
if price moves 30-35 pips in profit
Trade active
Sold@0.6605Note
This trade has definitely not worked in a way I would have hoped, But I am keeping the trade open as I feel there is a likely to a bearish move tomorrowNote
55 Pips running profitNote
90 Pips running profit from my sell at 0.6605Trade closed manually
Closed@0.65 with 105 Pips profitPatience is a virtue
Note
AUDUSD now 143 Pips in profitTrade closed: target reached
AUD/USD reacht the target, the idea generated over 150 pips profit.Currently, considering a buy trade
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