The AUDUSD is looking very overextended with a Price / RSI Divergence. I expect there to be a larger correction. One idea would be to short it now with a small position size. That would allow the market to continue moving against us before turning around. Then, as it turns around, start adding to the position and carry it, at least, to the upward trend line.
Comments
JGSmith123
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This was such a beautiful trade. I still think it could go down more
JGSmith123
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I already took profits on this before it reached the profit target.