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BarryAllen_Thee
Jul 25, 2018 9:17 AM

AUD/USD SHORT [DAY TRADING STRATEGY]  Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD

AU 1D: It is clear that price is currently in sideway. Overall trend still downtrend. As long as price do not close above the RBS areas... then I still pro sell.


AU 4H: Bearish Marubozu formed and rejected 2 RBS zones. We might be able to make some profits there.

Target entry:

Sell limit @ 0.7430
SL @ 0.7460
TP @ 0.7370

RRR 1:2

TAYOR

Trade closed: target reached

Price did hit TP. But my entry was at 0.7460 after the marubozu closed at that SBR zone. It was a good trade.

Been busy with daily stuff. I can't update regularly.
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