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DKFX40

AUDUSD - Break and retest strategy

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
DKFX40 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD short downtrend crossover breakout retest structure
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trendanalysis harmonicpatterns chartpattern audusd short downtrend crossover breakout retest structure
Hello everyone!

I will keep it compact as always:

1. MA 8 crossed MA 50
2. Support broken
3. retesting support that became resistance (fib golden zone)
4. If it cannot break above you know that it is a downtrend
5. enough confirmations

Simple break and retest strategy

I hope you like it!
Comment:
Hello everyone!
Just wanted to say... If it does something weird that you didn't see coming, close the trade at breakeven or with a small loss.
Never forget we need to improvise the market!!
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