With the big picture simply shows a down trend on Daily, we find execution on H4.
The first testing short position goes in when the price get out of the horizon walk of 0.726, looking for adding position when it does break down the 0.724 area.
The first testing short position goes in when the price get out of the horizon walk of 0.726, looking for adding position when it does break down the 0.724 area.
Trade closed: stop reached:
The climb with the interest rate news break the two tops pattern, close the position to limit the loss within 1R, as soon as AUDUSD doesn't go down.
Comment:
AUDUSD does break down 0.724 area, will find way to short if there is any bounce.
