AUDUSD time to go down Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Oct 6, 2020 10:57 AM

AUDUSD is under a custom baseline and has now crossed a lower high on the MACD which usually signals a strong trend on the MACD.

Backtesting this shows 200 pip gains on these swings with a 100 pip stop sufficient. Good 2/1 risk trade