AUDUSD [Pending Short]

Short Setup
- Sell Limit
- Entry market at resistance give recent extension
- Market is more in big range between last week high and low

Setup
- Entry: 0.69547
- Stop: 0.69681
- TP1: 0.69006
- TP2: 0.68116
- TP1 Reward: 4.04
- TP2 Reward: 10.68

Trade closed: stop reached

Comment:

If you applied my sell stop on higher high rejection candle should already hit TP1.
So move your stop to breakeven + 2 pips for cost.
Don't close your 2nd position, 2nd position can be used for a positive hedge for the long trade.