Sforex
Short

Idea for AUDUSD next week.

FX:AUDUSD   Australian Dollar / U.S. Dollar
503 3 1
Resistance level at : 38.2% Fib retracement : 0.907

Support level at : 23.6% Fib retracement : 0.8914

50% Fibonacci Fans resistance level .

Divergence between price and Stoch .

I have two targets: 0.8956 and 0.8930

Stop Loss should be at : 0.9150

I will SHORT AUDUSD             to 0.8956 first, and 0.8930

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would be nice if we can talk more :)
I trade in a similar manner as you do. I just recently started on tradinview.

This is my historical performance if interested:
http://www.myfxbook.com/members/haowen924/capitalgrowthtrials/744693
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Nice profit. It's kinda obvious, I made 16% profits on AU and UC last week.
The thing I'm struggling with is the goal of UC pair. I cut most of my long position to wait for retracement, and I have no idea where is this going to end(I do not deal with one-sided trend normally, but UC seems breaking all resistance).

I see AU can go up as high as 0.915 and down to around 0.85 as first stop, do you think it's a good idea to place a short limit order below 0.89 in waiting for the last shooting up next week?
Reply
Take profit at 0.89695 win 74.4 pips
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