PriceActionTrading
Short

AUDUSD SELL NOW AFTER SPIKE UPWARDS.

FX:AUDUSD   Australian Dollar / U.S. Dollar
227 2 4
AUDUSD             HAD A SPIKE UPWARDS. THIS SPIKE HAS MET RESISTANCE AT 0.77 FAILING TO CLOSE ABOVE IT.
MOREOVER ON THE D1, PRICE HAS BROKEN THE MOTHER BAR AND FAILED TO CLOSE ABOVE IT SINCE, CREATING A FAKEY.

SELL NOW AND TARGET 0.76.
STOP OUT POSITION IF H4 SUCCESSFULLY CLOSE ABOVE 0.7700 OR BREAK THE HIGH OF THE H4 PIN BAR .

snapshot
UPDATED: INSIDE DAY FAKEY FORMED LAST TRADING DAY.
snapshot


THIS IS ASSURANCE TO STAY FURTHER ON THIS TRADE. KEEP SL ABOVE 0.7700. AND SEE IF THE LOW OF THE MOTHER BAR GETS BROKEN BY THESE 2 DAYS.
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PriceActionTrading PriceActionTrading
AUD TOO STRONG. LOOKING TO SELL AGAIN AT 0.774 AFTER GETTING STOPPED OUT ON THIS ONE.
50SMA AT 0.774.
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