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Jaytrade23
Jan 23, 2022 9:06 AM

AUD/USD SHORT!!!! Short

AUD/USDOANDA

Description

After a month lomg retracement, the pair loooks like it is ready to venture downwards. A 1:3 ratio is possible, with the 90% rule coning into play, i.e, the trade moving down to the beginning of the channel.

Comment

Market has played out as expected despite the deep correction visible on the 1H/4H timeframes, i have closed positions manually. So far satisfied with outcome.
Comments
Leo-btm
the price is still bullish?!
Jaytrade23
@Leo-btm, I am of the opinion that the Bullish trend is still ON, i am waiting for lower timeframe confirmation before i can enter. Keep in mind the market ALWAYS DOES WHAT IT WANTS, so any ANALYSIS is based on Probabilities, and the intention is to take HIGH PROBABILITY TRADES
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