FX:AUDUSD Now AUDUSD is forming a wedge on a daily timeframe, saw a easy head and shoulder trade, to short the pair targeting the 618 golden level & previous structure.
Trade active
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Comment
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Re-entry after NFP. Bad US data should allow us to see a nice move down/
Trade closed: stop reached
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Comment
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A badly placed neckline & SL proved to be costly. Lesson learned. Otherwise a good setup