samoli1234
Short

AUDUSD SHORT AT TRENDLINE REJECTION

FX:AUDUSD   Australian Dollar/U.S. Dollar
30 0 3
A little late in publishing this one but is still at a decent entry level, already had two amazing trades down to the 0.70 resistance now looking to get another one!

My logic:
Price capped by strong daily downtrend.
Price rejected at H1 trendline .
At the time it rejected stoch was overbrought.

My trading plan:
Am already in this position at the rejection of the H1 trendline . My entry: 0.71225. My stop loss is sitting comfortably above the trend line at 0.71350 and my target is just above the resistance at 0.70100.
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