AUDUSD is a 4hr short

FX:AUDUSD   Australian Dollar / U.S. Dollar
113 5 2
7R short potential
Entry: .7250
Target: .7115
Stop: .7272
Risk: .5%

Previous upside post is sluggish, revisited 4hr TF under the suggestion of trading wizard Ivan Labrie. GL!
Good looking one.
AUDUSD looks living up to expectation. November 19 RE proved buyers were not very keen on taking prices higher.
+1 Reply
NickCoulby moorekapital
Yes, that RE failed to confirm.. However, it's 3 bars AFTER the RE, not 3 bars including.. Where your 3 bar measurement ends in the pic above should have one more bar included in it
+1 Reply
moorekapital NickCoulby
Price Target expired on RE day.
+1 Reply
NickCoulby moorekapital
+1 Reply
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