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TradingSight-
Dec 3, 2018 9:47 PM

AUDUSD - be prepared for DOWNTREND! 

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD is so close to top out with this up cycle, be well prepared and use proper money management.


Follow this idea since I'll update it regularly,

Good luck,

Comment

If you would like more confirmation, wait for the breakout of this trendline.
Otherwise, you can use tight stop lose above the resistance level and set a target below the gap.

Trade closed: target reached

Comments
TradingSight-
This one was so ideal!
MagicCrow
perfectly done :)
MagicCrow
completely agree. check mine
TradingSight-
@MagicCrow, Great position for stop loss, Brilliant analysis!
MagicCrow
@TradingSight-, thank you very much.
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