Hi traders,
I must admit... I called this trade a little early for my students yesterday! I didn't though it would go back a second time test out the new support tuned resistance + FIB extension above. I'm not mad though.. a double confirmation is even better to show us that the bear trend is in full effect. Now we are looking for this pair to resume what happened last Friday!
Here's what I'm thinking :
AUDUSD SHORT
ENTRY : 0.7668
SL : 0.77281
TP : 0.74271
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
I must admit... I called this trade a little early for my students yesterday! I didn't though it would go back a second time test out the new support tuned resistance + FIB extension above. I'm not mad though.. a double confirmation is even better to show us that the bear trend is in full effect. Now we are looking for this pair to resume what happened last Friday!
Here's what I'm thinking :
AUDUSD SHORT
ENTRY : 0.7668
SL : 0.77281
TP : 0.74271
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Trade closed: stop reached:
SL touched by 2.5 pips before going back into profit as we can see today. Unlucky!