AntonioFarigu

Trailing Stop Short Position trade

Short
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
86 views
3
Taking a short position at the resistance level on the weekly chart. Will trail the stop to the weekly high of previous week until target is hit or stopped out.
Trade active: It tested the upper trend line, should see it drop now or this trade is a fail
Comment: I have exited the position because there is a Daily bullish pinbar, should see a small move to the upside then ill wait for a signal to go short again. if your in this trade, please take care. Im new to trading so please take care.