Daily Pullback Short
Price showed a strong rejection of the Daily resistance area around .7950.
Expecting further decline to next area of support at .7775.
Simple break & retest entry with multiple confluence factors.
Reward/Risk: 1.25:1
Expecting further decline to next area of support at .7775.
Simple break & retest entry with multiple confluence factors.
Reward/Risk: 1.25:1
Trade closed: target reached
Target reached quickly thanks to AUD news. +100 pips
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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.