Snehath
Short

Another chance to long the AUDUSD before the short

FX:AUDUSD   Australian Dollar/U.S. Dollar
6 months ago
Last week AUDUSD             went nowehere. It seems like it was consolidating for a move upwards.

In Week 22, I am expecting a bullish move but our bias still should be to short. So likely I will go in with half position for the long and the full position for the short. The crab pattern is quite clear and there is an alternate bat that comes in the same area.

The short ties back to the post from Week 21.
6 months ago
Trade active: Trade moving nicely with about 20 pips
6 months ago
Trade active: AUD moved this up by 60 pips. Switch this to breakeven now.
6 months ago
Trade closed manually: Hit my target of 100 pips. Counter trend so need to quick to take profit. Looking to short now.
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