NextForexTrade
Short

AUDUSD SHORT Trade Based On Price Action

FX:AUDUSD   Australian Dollar / U.S. Dollar
A tasty trade setup based solely on timeframe agreement and price action.

Daily showing signs of bearishness and reasonable signs of reversal.

H4 and lower timeframe give good timeframe agreement to short.

Stoploss above Friday's candle give a decent sized position to allow for a 1:1 reward to risk or beyond.

Sorry about the mic pops in the video!
Trade closed: target reached: 1:1 reward:risk would have been hit this week. I'm still short on this though, as I deem there is still scope for a bigger move beyond the daily lows
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