TradingView
DACapitalTrading
May 8, 2018 9:08 PM

AUDUSD - SETUP - WEEKLY CONTINUATION - 8 MAY Short

Australian Dollar/U.S. DollarFXCM

Description

WELCOME TO DACAPITAL TRADING!!


AUDUSD just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Last few H4 Candles formed very bearish price action breaking previous lows and forming new one

DAILY
Very bearish Daily Candle which closed below our previous lows expecting a further drop

WEEKLY
Weekly downtrend is stronger then king kong lets ride this one

LEVELS
Entry Short @ 0.74508
SL @ 0.75318 (80 Pips)
TP1 @ 0.73698 (RR 1 = 80 Pips)
TP2 @ 0.73303 (RR 1.5 =120 Pips)
TP3 @ 0.72888 (RR 2.0 = 160 Pips)
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


Enjoy our limited Free Content and Setups,
leave us a like and Comment!!

DACAPITAL TRADING

Trade active

Order cancelled

WE CLOSED ALL OPEN SETUPS!
Comments
bigbradtwin
thanks
DACapitalTrading
@bigbradtwin, Welcome
kjzsbtby

I would waited a little longer for the price to stop hunting little stops, but yeah is a good short
DACapitalTrading
@kjzsbtby, Good one!
More