tntsunrise
Short

AUDUSD DOUBLE TOP AND RANGE ROTATION

FX:AUDUSD   Australian Dollar/U.S. Dollar
1790 8 33
AUDUSD             RANGE ROTATION
BUYER TRIED TWICE BUT CAN'T BREAK 0.7320
Enter A Short Position
Target : 0.7170
We can also see there is a doulbe top formed
and breaked the neck line.
so now it is a good time to short because it is
a pull back
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any update on this pair?
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Would this trade still be valid?
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kevinxin Pennington1
Compare to GBPUSD and EURUSD, AUDUSD does not move up much. So once GBPUSD or EURUSD starts to move down, i think AUDUSD will drop even faster
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Pennington1 kevinxin
Thanks for the reply! Very new to forex markets here
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what a pity! price touched your SL then come down
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I think it will be triple top
Reply
Hi Jack, short now? what will be the SL?
+1 Reply
kevinxin kevinxin
Sorry, i didn't notice the entry price, stop loss and take profit are all inside the chart
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