AUDUSD is a long term Short (2 days).
This report is from a technical perspective only, but a strong indicator non the less. As you can see in the h4 chart, the market is going through a correction phase and it will be temporary but will be very profitable should you enter & exit the the right time.
I would set my first TP at 0.79281 (use fibonnaci lines to set your TP & SL).
I would set my first TP at 0.79281 (use fibonnaci lines to set your TP & SL).
Trade active:
Update:
Already 10+ pips in profit. Not too late to sell. Remember to keep adjusting your SL as you get closer to your first TP.
Already 10+ pips in profit. Not too late to sell. Remember to keep adjusting your SL as you get closer to your first TP.
Trade active:
Already at +50 pips profit. Conservative traders may want to lock in their profits now. Those that have leveraged this pair well will have secured a nice profit. I'm adjusting my SL & holding :)