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.
Trade active
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Trade moving nicely with about 20 pips
Trade active
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AUD moved this up by 60 pips. Switch this to breakeven now.
Trade closed manually
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Hit my target of 100 pips. Counter trend so need to quick to take profit. Looking to short now.