Hey, I am back with yet another Forex idea, make sure to follow me because I post one trading Idea each working day! Today I have decided to share a AUD/USD chart, where I have spotted a good risk reward short opportunity. SL 0.69936 ENTRY 0.69650 TP 0.68834 RR 2.78 Make sure follow me, in order to not miss out on my free daily...
sell at corrections in lower time frame
AUDUSD reached our second target, feel free to close with profit.
AUDUSD is approaching its resistance at 0.7777 (61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where a potential reversal may occur, pushing price down to its support at 0.7725 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support)....