mgcworld

AUDUSD SHORT

Short
mgcworld Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD, its starting to respect the daily trendline for a short, for long term, we can look for entries on H4 or H1 and ride the train. And of course, there will be some pull back along the way!
Comment:
It is good to lock in profits, this is a daily projections, on H4 you can gather profits earlier to avoid huge retracement on daily
Trade closed manually:
Took about 2 months to run this trade fully if left on a daily, profit was almost 1:6 ratio was closed before 1:6.62 ratio
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.