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JD_TeenTrader

A chance to short AUDUSD for 80 pips

Short
Australian Dollar / U.S. Dollar (FX_IDC:AUDUSD)  
JD_TeenTrader Updated   
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD audusdshort sellsignal Divergence rsi_divergence
3
0
trendanalysis harmonicpatterns chartpattern audusd audusdshort sellsignal divergence rsi_divergence
The FOMC saw stocks and risk on currencies strengthen after the decision from the FED.

We are seeing weakness in AUDUSD after this strong move.

RSI - H4, H1, M30 and M15 is overbought
Divergence - H1, M30 and M15.
There is a harmonic pattern at a higher level.
Stop loss above 0.7300
Trade active:
This trade worked out perfectly. Currently on 130 pips of profit. Took out half the position a bit early.

05/05/22 DEAL AUD/USD Mini converted at 1.37078165 SD SD38.18
Funds: SD10,162.44
Trade closed: target reached:
Held this trade for 170 pips. Expecting the pair to make a recovery so looking for short opportunity later on.

06/05/22 DEAL AUD/USD Mini converted at 1.3809804 SD SD62.72
06/05/22 DEAL AUD/USD Mini converted at 1.3827515 SD SD44.61

Funds: SD10,293.33
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