AUDUSD SHORT 4 HR BREAK AND RETEST TRADE SETUP
Hi everyone:
A good reward risk trade on AUDUSD SHORT, as the 4 HR chart broke down support trend line,
looking for a lower high @ main pivot, 0.382 fibs retracement to short.
Target 1: 0.7600 (3% Profit)
Target 2: 0.7540 (5.4% Profit)
Thank you for your support and feedback.
Trade: #25
Date: 02/21/2017
Time: 01:00 GMT
A good reward risk trade on AUDUSD SHORT, as the 4 HR chart broke down support trend line,
looking for a lower high @ main pivot, 0.382 fibs retracement to short.
Target 1: 0.7600 (3% Profit)
Target 2: 0.7540 (5.4% Profit)
Thank you for your support and feedback.
Trade: #25
Date: 02/21/2017
Time: 01:00 GMT
Trade active
Here is the Daily chart:Here is the Weekly Chart:
Trade closed manually
Result: Break Even.4 HR chart formed doji candle followed by bullish engulfing,
manually exit at break even entry price.
Date: 02/21/2017
Time: 18:00 GMT
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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.