AUDUSD IN SELLING ZONE

Short

Australian Dollar / U.S. Dollar (FX_IDC:AUDUSD)

Updated

FX_IDC:AUDUSD Australian Dollar / U.S. Dollar

AUDUSD Forex signals fxjunkie short SELL trade IDEA

audusd forex signals fxjunkie short sell trade idea

Before shorting AU wait for trend break of .7790 . Candle must close. Don't get too excited.. Expecting to reach at least .7750 before the pullback ..

Entry .7800
SL .7825
TP1 .7725
TP2 .7675

Trade active

Comment:

If you missed the entry the first time there are no worries. Like I said before there will be a pullback and this pullback is doing it's job at the moment.

Fib 50 = .7795
Fib 61.8 = .7803

Watch these Fib levels for a possible entry.

Trade closed: stop reached:

We were stopped out at .7825

We will be entering again here at .7810 putting our stop at .7835.

Trade active

Comment:

Double Top is currently forming.

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