AUDUSD - Probable Short
AB is a Range confirmed by CDEF.
'A' being the Support and 'B' being Resistance of the range. Swing initiated at 'H' has broken the support and given Acceptance below with candle 1 & 2.
Pullback to the level A will be probable short depending on the priceaction.
Target : First Target will come at 1:2 RR
Second Target can be trailed with respect to priceaction. Once the first target is attained stop loss can be moved to break even on the remaining position
'A' being the Support and 'B' being Resistance of the range. Swing initiated at 'H' has broken the support and given Acceptance below with candle 1 & 2.
Pullback to the level A will be probable short depending on the priceaction.
Target : First Target will come at 1:2 RR
Second Target can be trailed with respect to priceaction. Once the first target is attained stop loss can be moved to break even on the remaining position
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