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FXbrawler
Mar 15, 2018 12:56 PM

AUDUSD shorting opportunity Short

AUD/USDOANDA

Description

Going short the aussie as we break an important support as well as a trendline. Target is 3 for 1.

Comment

Took a bit of profit off the table. Moved stop to entry point. Risk free trade from here on out.

Trade closed manually

We seem to have reached support and prices don't go down in a straight line for very long. Cashing in my chips and will look for a short at higher prices to reach the target.

Trade closed manually

Took some more off the table. Man what a great trade this turned out to be, dropped like a rock! I expect we will have some more shorting to do next week to the trendline in the following chart. We'll see but for now I am closing the shop for the weekend.

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