MARKET STRUCTURE ON AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Feb 25, 2019 5:11 AM

Hello everyone!

We have a nice opportunity to short AUDUSD, we had a series of HL and HH the past week... now after the trendline break we are on the retest phase with a perfect 61.80% rejection.
Expecting a downside move to the target area -0.27% 0.70300

Have a nice week!

Trade closed: target reached

⋅ Mar 7, 2019 5:13 PM

boom!