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cashcow04
May 25, 2023 1:29 AM

AUD/USD - SHORT Short

Australian Dollar/U.S. DollarFXCM

Description

Daily bearish BOS.

Hourly looks like trash. Using the 9ema as my stop (close above take off half, another close above take off the other 1/2)

Looking for a big time move down since there doesn't appear to be much resistance/order blocks.

If it bounces i'll wait for a 1hour buy side LQ re-test before jumping back in.

Global growth waning (per NZ monetary notes last night) and thinking that weakness in China will weigh on AUD in the upcoming days/weeks.
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