p3lonis

Short AUDUSD: Tri Games 2017

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Been watching AUDUSD for a bit. Was able to get shorts filled at .77 and sitting and watching PA. We have break of the daily trend that's been on since near the start of 2017. We have had three touches to confirm an upper downsloping trend line. The green line is a based on the monthly. A few support zones are indicated and I have my take profits shown. Not looking for this to happen overnight... I will be monitoring my trade on the regular and adjusting if needed. I can see this funky MM's blowing the top off or a retest of the UDTL to clear massive shorts. Possibly once the first fib level is reached. I'm not the only one that see this occurring... As always price action will determine everything, I follow that and only that.

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