EverythingForex

CLOSED TRADE: AUDUSD: BUY@0.69554 Short-Closed (+209 pips)

FX:AUDUSD   Australian Dollar/U.S. Dollar
292 0 10
I posted this trade 4 days ago:
TRADE: AUDUSD: <span data-href="idea-custom-link" data-href-idea-custom-link="mailto:BUY@0.69554" rel="nofollow noopener noreferrer" target="_blank">BUY@0.69554</span> Goldilocks Reversal + .786 Trade

I am short-closing all LONG positions on this trade as well and taking +209 pips profit. Reason I am short-closing it is because it is 6 pips from the target which would be the bat pattern completion and the upper trend line of the expanding triangle pattern . Besides, it's only a 6 pips difference.

Now I'll be looking for prices to exhibit bearish price action to go SHORT for the wave 5 back down as per my most recent analysis (see Related Ideas: "QUICK ANALYSIS: AUDUSD: Updating Wave Count + Recent Trades"). But for now, I'm on the sideline and waiting for bearish price action.
BIG NEWS! Want a FULL WEEK of FREE ACCESS to my member's charts & analysis? If you want it, PM me! Also, for all who PM me, you will be entered to win a FREE MONTH'S Subscription! PM me for details!
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out