AUDUSD: I am short from 0.7658!

FX:AUDUSD   Australian Dollar / U.S. Dollar
5328 16 133
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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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?

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