Trade idea - AUDUSD Short

Updated
1H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Instant market execution Sell.

1.5% risk.

Aiming to take full profit at Daily TP.
Note
WEEKLY

Double top pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
DAILY

Bearish impulse / new LL: indication.

Bearish W pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Active!
Note
Running risk free.
Trade closed: target reached
Daily TP hit!
AUDUSDChart PatternsDXYdxyindexForexfxtradingnoindicatorsSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend Analysis

Disclaimer