Australian Dollar / U.S. Dollar

Short

Updated

AUDUSD : Short - Possible Test Of Previous Lows. Target 0.7300

Break of rising wedge. Huge Upward channel correction is over.

Target 1: $ 0.7530

Target 2 $ 0.7300

Trade active

Short Entry Price
$0.75820

Note

Went Positive +50 pips

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stopped counting the pips.
looks like we heading to bottom of channel.
reloaded twice.
pyramiding lots with fib numbers
8 +5+3 = ;)

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Target 1 Reached.
Still look bearish on bigger TF but we might see little bounce due to some divergence in lower TF

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I suspect the descending wedge in making in downtrend. we may see little bounce

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looks like I was right we are watching bounce.

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Seems Bounce is complete I see Adam and eve formation. Downward Continues.

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Amazing Pullback.

Trade closed manually

Booked Decent Profit.

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Disclaimer

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.