AUDUSD - Simple Short
Hey Guys!
So this setup is formed off of the basis of decent price rejection, weak strength, and a strong bounce off of a RELIABLE trend line. This weakness is also mirrored by similar weakness across almost all AUD pairs, some of which are also bouncing lower off of a trend line. This overall AUD weakness, leads me to the following trade:
I'm expecting to short this to 0.75952, with a stop @ 0.77203.
@ market open today I'll be 5 SLs short.
Trade Well.
-AW
So this setup is formed off of the basis of decent price rejection, weak strength, and a strong bounce off of a RELIABLE trend line. This weakness is also mirrored by similar weakness across almost all AUD pairs, some of which are also bouncing lower off of a trend line. This overall AUD weakness, leads me to the following trade:
I'm expecting to short this to 0.75952, with a stop @ 0.77203.
@ market open today I'll be 5 SLs short.
Trade Well.
-AW
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