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RaynLim
Jun 7, 2023 6:37 AM

Counter-Trend Trading opportunity Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

Low Risk, Good Return Trade

A Bearish Shark Pattern has shown up on the AUDUSD 4-hourly chart. As it is not the best trading setup but the second target produces a healthy Profit Factor of 2.

I've shorted the Shark Pattern as it coincides with the 1-hourly chart 3 drive formula.

This is possible because we use our in-house A.P.E framework and this is known as the combo trade.
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