alexburnett

Channel AUDUSD sell

Short
alexburnett Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Price has been falling in the channel marked on the graph, both support and resistance are well respected, sell on the resistance. Aiming to bank 20pips but can short for as far as you want as previous price action has followed suit.
Trade closed: target reached:
Hit my personal target and i bagged 20 pips, can wait further before closing as currently looks to still be dropping as with the trend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.