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CarterKyleCapital
Jul 1, 2019 7:43 AM

AUDUSD SELL Swing to .6750 area  Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD is rejecting the .7020 area which is a daily pivot zone and it has to the makings of a CTL break in the SELL zone. At the close of the candlestick if it remains below the CTL I will look to SELL down to the .6820 area to the Fibonacci D ext that was not completed last month. Stop should be place above the .7020 pivot area giving this a good risk to reward ratio of 1 to 3.5 level.

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Break has been made on the 2hr Chart let see if it holds

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2nd Entry added on to first initial trade

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3rd possible entry move stop to break even on the 1st trade not to swing high on 2hr chart to make it a free trade
Comments
DACapitalTrading
Great work, leave us a comment aswell mate :)
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