EuroMotif

AUDUSD short scalp possibility: ride AU down to final target

FX:AUDUSD   Australian Dollar / U.S. Dollar
Just a quick plot to watch for a possible short scalp.
Looking for a reversal pattern in the red zone.

This is a follow up to my short entry before the weekend :
Comment: oh my, finger on Sell button
Comment: found this fib, will be watching that -2.382 closely
Comment: Almost ready, but if it gets past the 2.618 then short is questionable
Comment: First short fired, stop loss above the -3.236
Comment: Stop Loss hit, oh well. I will get you next time!
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Comments

What a pity for you.
I've followed your analysis because I've seen a good prediction. I got in sell at 0,729, sl at 0,7308 and tp at 0,7255. Good trade, thank you.
Reply
EuroMotif vincenzomguidet
@vincenzomguidet, @vincenzomguidet, Hi and thanks for your kind words. The little scalp did get take out, but my bigger short from the week's open hit target to easily makeup for the small loss. The bigger trade:
+1 Reply
EuroMotif vincenzomguidet
@vincenzomguidet, and thrilled to hear you netted some pips. Keep it up!
+1 Reply
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