PlutusX

HARMONICS PATTERN CONFIRMED. SHORTING AUDUSD WITH PROFIT ALREADY

Short
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
We took a profit in our long position. We saw some resistance and consolidating in the anticipated region and in addition to that, we are seeing the confirmation and completion of a harmonics pattern. Based on our multi-timeframe analyze the trend on weekly/monthly is bearish.

We are being precautions this week as fundamentals for the president-elect for the US and potential vaccines make the global markets a bit more volatile. Last month we secured close to 400 pips and last month with over 5,000. We do not see a need to be greedy or impulsive. If you are interested in scarping all the pips that we make as well feel free to reach out. we would be more than happy to chat with you.

GOOD LUCK TRADERS!!!

RR - 1:2.67

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.