The_Shipwrecked

Speculating a bearish pullback. RSI in a possible downtrend.SELL

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
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7
Scalping on AUDUSD . This nice up-trend should have a little pullback ( Take profit time for the bulls ). I'm speculating on this selling 1% of the account if the market touches my SL.

Comments

Hopefully speculation to be correct. I have an opened SELL position since two days ago but today OPEC announcement pushed the AUDUSD up! Best luck to all of us!
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@yiannismv, it was, touched the TP ;) how your trade is going on ?
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yiannismv The_Shipwrecked
@The_Shipwrecked, still struggling unfortunately. I am based on Ichimoku cloud the price to drop (at least to close break even)
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Looks like a flag.
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@gsansom, a flag ? i can't see it... i trade the breakdown of RSI and the fact that the market was near to a important pp level ( a pullback was more probable than a breakout )
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