Daniel-Malik
Short

AUDUSD - Near to Supply Zone !

FX:AUDUSD   Australian Dollar/U.S. Dollar
6 months ago
Like , Follow and Comment .

Just found this trade of AUDUSD             . Price is near to supply Zone . Better to Take a Short Position right now. Also There is much more probability of Head and Shoulder as well .
6 months ago
Comment: Coming Down and Creating the right Shoulder!
6 months ago
Comment: Price is in the zone now. You may enter, but make sure to put stop loss at 0.77249. Great risk to reward ratio here. If stopped out, wait for an update as re-entry would be very likely.
6 months ago
Comment: Completed the Right Shoulder as i predicted . Now wait and short if neckline breaks thanks
Batman-oz
6 months ago
Thanks Dan
Reply
Batman-oz
6 months ago
Yes Stoch is high, WWV is long with small candles on the chart
Reply
alan_watch
6 months ago
Hmm theres RBA interest rate tomorrow are you going to keep ur short position?
Reply
GoldHunter
6 months ago
is taking a short position now still valid ?
Reply
Daniel-Malik GoldHunter
6 months ago
Yes
Reply
Vinnz
6 months ago
it makes a higher low, and higher high one by one from Day chart, really really great risk to short.
+1 Reply
Pukovnik
6 months ago
TP1&TP2?
Looks good.
Cheers!
Reply
aa2016
6 months ago
This one is testing patience on holding on to the trade with min to no movement
Reply
Daniel-Malik aa2016
6 months ago
Trading is all about patience. We earn money in real world after a lot of patience. Typical salary we recieve is after 30 days on average. We should learn patience in trading too as it, comparatively, provides fastests results.
+1 Reply
HumairDawood
6 months ago
It has already come down to 0.752. What is the second TP? first one is completed ^_^
Reply
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