SBSTOCKS

AUDUSD Short @ market for swing of 150 PIPs

Short
SBSTOCKS Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Good morning traders,
This is our take today @ SBSTOCKS.COM on the AUDUSD pair for TUE JUN, the 26th.
IN A NUTSELL: the pair is in a down trend for the past 20 days however a strong pull back 61.8% Fibonacci level two days ago and as you see all the chart a shooting star candlelit steak formation one have happened
Looking at that we may recommend a short position on the peer following a signal under 15 minute chart, however this will be swing trade for at least five days so Ia market entry could be accepted
Conclusion: short at market
Comments are very much welcome
Comment:
Got Stopped, good luck next time
Trade closed: stop reached

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.