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ScottMescudiForex

AUDUSD : RR & TECHNICALS FAVORS THE BEARS!

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ScottMescudiForex Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD audusdshort audusdforecast audusdsell audusddaily audusdanalysis audusdbearish
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trendanalysis chartpattern indicator audusd audusdshort audusdforecast audusdsell audusddaily audusdanalysis audusdbearish
Hi traders!

As I'm looking at this chart, it's telling me that AUDUSD as somehow topped when it traded to 0.80 and now is looking for some retracement before knowing the real deal.

MACD already crossed and RSI seem to have maxed out. RR is our favor here since we are shorting a TOP.

AUD/USD SHORT

ENTRY : 0.79307
SL : 0.80042
TP : 0.76887

Trade safe!
Trade active:
Moving SL to breakeven to protect capital
We are 40 pips in!!!
Comment:
Nice manipulation when the news came out today but we are right back at it. 60 pips in profit
Trade active:
We are now up more than 120 pips!
Trade closed: stop reached:
Todays FOMC minutes made this pair gained the most vs USD

We had a SL in place in profit territory in case something like today happened.

Profit secured and made!

Success!
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