This is a follow up to my previous long call: 
Long targets were hit perfectly. Now shorting the expected retrace.
.
.
Background:
I am a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
After a nice ride down, I went long which worked out very well
And then I caught the recent stair step down quite nicely:
After some good news about the US-China Trade War, I was expecting a significant move up:
So the current plan is to short the expected retrace
Long targets were hit perfectly. Now shorting the expected retrace.
.
.
Background:
I am a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
After a nice ride down, I went long which worked out very well
And then I caught the recent stair step down quite nicely:
After some good news about the US-China Trade War, I was expecting a significant move up:
So the current plan is to short the expected retrace
Note
AU gapped down precisely into the first support zone. Note
Gap fill attempt might be done. Limit order was triggered at the .236 Note
Nice progress thus far. Note
Final Target hit. Have closed 80% of position now, 20% riding with right trailing stop. I expect a bounce here Trade closed: target reached
Trailing stop on remaining position hit 
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.