metalhe4der
Short

Is this a textbook short or what?! $AUDUSD

FX:AUDUSD   Australian Dollar/U.S. Dollar
275 9 2
The Aussie is declining from a point of resistance that is too good to be true: 200ma collision, major resistance at around 0.97 and 50% Fib. retracement.

Getting a boost from the rising USD today, it seems like a possibility that the bearish Australian Dollar             trend may continue onwards. I'm going to keep an arbitrary and obvious target of 0.900 on here

As always, know your risk parameters well, and take the trade on your terms (don't chase anything).
ForceFollower
3 years ago
Right, just keep in mind there's an 'obvious' support at around 0.93, just above the low of Sep 29th. Until then, with some minor corrections, it looks like you're right on track. :-)
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Update: Closed for profit at S1: 0.93 area. Will be watching for a next leg down.
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T.T.
2 years ago
hope You shoted it:)
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metalhe4der PRO T.T.
2 years ago
I believe I did, can't remember, was 2 months ago! :)
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T.T.
2 years ago
Sorry, didin saw comments, before posted my...:P
Good trade wit in the trand, looking for long?
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metalhe4der PRO T.T.
2 years ago
Long? Every time frame screams short ;)
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metalhe4der PRO metalhe4der
2 years ago
(of course, that's an exaggeration, but I'm bearish)
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