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tradingfrog
Jun 5, 2020 10:07 AM

AUDUSD [Pending Short] Short

FX:AUDUSD240
Australian Dollar/U.S. DollarFXCM

Description

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Swing Reversal Fishing Trade
- Sell Stop
- This trade will take some time



Setup Entry
- Entry: 0.69651
- SL: 0.69978
- TP1: 0.67899
- TP2: 0.65813
- TP1 Reward: 5.38
- TP2 Reward: 11.74

Trade active

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Trade closed: stop reached

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Wait for either higher high or when it break down and make a higher low then will look for reentry
Support and ResistanceSupply and DemandCandlestick AnalysisAUDUSDswingfishing
Comments
VoLoia7
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Same my ideas! Good luck
tradingfrog
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@oo0lh0oo, Same to us. Some other pairs already started to drop.
VoLoia7
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@tradingfrog, What percentage probability do you think will happen!
tradingfrog
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@oo0lh0oo, It always is 50/50.....
All I know is from the Daily level, I would say very high. Zoom in to it we see head and shoulders. So everything in line.
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