Similar to the idea I posted on the AUDCAD 240. This also looks set to be going short. So two AUD shorts for us next week hopefully.
The trend on this one is shorter lived but could still be a great opportunity to get short. Again I'll be looking for price to pull in to my area of interest and give me a reason to go short.
Entry - Some sort of reversal candle in my area of interest. Stops - ATR based T1 - Re-test of the lows T2 - Trail to try and ride any potential trend for as long as possible.
Let me know what you think below. Agree? Disagree? I'm all ears.