AUDUSD short the end of a daily chart trend Short

FX:AUDUSD1D

Australian Dollar/U.S. DollarFXCM

Description

⋅ Mar 22, 2023 6:58 PM

Looking at a 5 RR short, ideally I will wait for a distribution to play out and get in with a tighter SL than pictured.

Comments

Riiv

⋅ Mar 22, 2023 11:52 PM

That does look like a possibility, since dollar index futures wants to sell for a little bit before the big bounce. I do believe Audusd will be dropping significantly