Petr Suchanek
Short

AUDUSD SHORT SETUP IN PLAY

FX:AUDUSD   Australian Dollar / U.S. Dollar
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As I highlighted in my previous post, Aussie is in the setup area and now it has formed a nice sign of weakness - false breakout of a wedge formation. I am short here and waiting what the market offers...
Petr
Now I am done with Aussie, nice profit. Congratulations to all, who took this opportunity.
Petr
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Hi Petr Suchanek !

What a nice entry position ! Congratulations !

Best Regards,
Serge
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Where is your SL ?
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@0.9373
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Dimitris Petr Suchanek
Makes sense. If this set up will come along then it will also be forming a 3 drive buy pattern @ around .9210 with targets between last 2 highs, .9340 to 9375
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The 1 hour RSI also demonstrates bearish divergence.
If RSI drops below the 36 level I'm adding to my short position.

Good call Petr
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