Short trade on AUD-USD using Custom indicators, Confluence PA
Trade Setup
5 Strong confluences
1) Multiple Red dots on Market Cipher
2) SSL Hybrid turns Pink indicating Weakness of Trend
3) Theta gainer turns red confirming Trend weakness
4 & 5 ) Red Bars below VWAP and 50 EMA. 50 EMA moving below VWAP.. Strong sign of bearishness
Trade approach
1) Short with Trailing on SL ATR points 1 timeframe below 1 hour.
Happy trading..
Regards
Sri
5 Strong confluences
1) Multiple Red dots on Market Cipher
2) SSL Hybrid turns Pink indicating Weakness of Trend
3) Theta gainer turns red confirming Trend weakness
4 & 5 ) Red Bars below VWAP and 50 EMA. 50 EMA moving below VWAP.. Strong sign of bearishness
Trade approach
1) Short with Trailing on SL ATR points 1 timeframe below 1 hour.
Happy trading..
Regards
Sri
Trade closed: target reached
The immediate T1 at Support at 0.77057 was reached. Exit as trailing SL hits. Good R:R
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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.
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.