Technician
Short

AUDUSD: I am short from 0.7658!

FX:AUDUSD   Australian Dollar / U.S. Dollar
5325 16 132
I initiated a short on AUDUSD             on friday after the initial upside spike. The price has shown multiple rejection of long term falling trend line . Meanwhile, it is forming a rising wedge reversal pattern. I see big potential to the downside, but as usual, i have a quick short term target and a longer term one.

All my ideas are just my personal view. Trade Your own view.

Likes and comments are appreciated and would keep me going ..
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My Regards,
Technician
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I came to the same consensus, did you actually get stopped out though?

Currently sitting on a .786 retrace. Really good opportunity at hand.

What are your thoughts for the RBA Cash Rate for next month?

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Stop may have been a tiny bit tight. Very very good call, nonetheless. Thanks.
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Almost hit your target, and then......stop out right before the move down. Wow! It happens.
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For short term, how many days or months is in your planning, usually?
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I usually trade very short term hours to few days. Sometime i trade longer term trades with few weeks.
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skoerding Technician
Still valid ?
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Same View!
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I added same view 2 weeks ago, after first bearish weekly candle . So good luck for everyone in long term.
+1 Reply
Technician TOP analitykFX
A long term trade here. I prefer shorter term trades. Cant handle it for so long.
+1 Reply
"sharp move " typo
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