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AUDUSD Short Trade Set Up *WEEKLY FIB REJECTIONS*
Australian Dollar / U.S. Dollar
Short
AUDUSD Short Trade Set Up *WEEKLY FIB REJECTIONS*
By UnknownUnicorn772665
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Updated
Sep 16, 2019
6
Cheer
Cheer
Sep 16, 2019
Momentum looks to be slowing on AUDUSD with price trying to roll over at this level.
1hr timeframe made a nice lower high and resistance at 0.68850 has held strong again. Multiple daily wick rejection candles formed last week.
If this bottom TL breaks then new lower lows will be made.
Sep 16, 2019
Trade active
Sep 17, 2019
Comment
Stop loss moved to risk free. I am planning on holding this trade to a longer term target of 0.67000
Sep 17, 2019
Comment
Scaling In: I will look to add an extra short position on the pullback and retest of the 1hr 50ema.
Sep 23, 2019
Comment
Daily timeframe looking very bearish. Still holding
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Chart Patterns
Fibonacci Retracement
Trend Analysis
USD
Wave Analysis
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