AnilSunda
Short

AUDUSD SHORT ON DAILY CHART

FX:AUDUSD   Australian Dollar/U.S. Dollar
40 0 0
1.CLEAR DOWN TREND : THEREFORE LOOKING FOR SHORTS ONLY
2. AFTER AN INSIDE BAR SHOWING CONSOLIDATION, YESTERDAY WAS AN OUTSIDE BAR WITH A BEARISH CLOSE.
3. YESTERDAY'S CANDLE SHOWS A LONGISH WICK AT THE TOP SHOWING REJECTION OF HIGHER PRICES
4. STOP ABOVE YESTERDAY'S CANDLE.
5. TARGET 0.8140
6. ALTHOUGH RISK REWARD IS 1:1, THE LIKELIHOOD OF SUCCESS IS HIGH.
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