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Short

AUD/USD Short opportunity

FX:AUDUSD   Australian Dollar/U.S. Dollar
If price do not break the major resistance trend line (red) on 1Day chart, there is Short opportunity between the triangle. If price break the support trend line (green), we can look for lower TP.

TP1 0,7550
TP2 0,7455
Comment: Shorted from 0,7650. Yesterday AUD/USD break the 0,7600 and settle down between 0,7585-0,7567, which can be seen on lower time frame. I am expecting more side-way movement and pull back to 0,7600 before further downtrend. So consider to take some profit.

snapshot
Comment: Sideway trend
snapshot
Comment: TP1 0,7550 reached.
Watch the support trend line (green). Pullback can be expected.
Comment: AUD/USD is breaking the support trend line. Let´s see how the body of the candlestick close on daily chart.

+140 pips in profit now.
Comment: Possible additional entry after double top formation.
snapshot
Comment: Finally breaking down ?
snapshot
Comment: TP2: 0,7455 has been reached!
Price heading to 0,7180 (next TP)
snapshot
Trade closed: target reached: TP 0,7180 reached.
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