Fxprotrader
Short

AUDUSD Potential Sell Setup

FX:AUDUSD   Australian Dollar/U.S. Dollar
Price has completed an AB=CD bearish pattern at a level where price has rejected a slide parallel of a valid median line . Now price has started retracing from this level and what we should watch for the upcoming week is a correction and a sell setup before going short.

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Trade active:
snapshot


If price reaches the first target, we move stoploss at BE to second position
Trade closed: stop reached
May I learn your target when selling ?
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thanks for update :D
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Fxprotrader queenrossana
You are welcome :)
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queenrossana Fxprotrader
are you still in?? hit stoploss T_T
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Fxprotrader queenrossana
No price reached stoploss..
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Dguaman Fxprotrader
is really high SL right? >.<
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Dguaman Dguaman
Ups no sorry, my bad i though was another number i setup 0.7680 =) lets see
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queenrossana Fxprotrader
confuse now :S, aud make a new high,, is it can be called a correction? and what SL must i set for this one O.o/
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Dguaman queenrossana
No SL hit lady..
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In this already but, I will have to time this perfectly.... I have no more margin to work with. I need Eurusd to do its thing so that when this hits my Sell stop, I am in the clear. *crossing my fingers*.
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Thank you good Sir, i have a price alert set for this baby. SMTM
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I put by mistake a 0.7770 SL, so i still in .. what i do? Tprofits or just move my SL and wait for your target? thanks
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Sometimes small mistakes work in our favour :) Yes moving your sl is a good idea
+1 Reply
fxfxfx Fxprotrader
I have entered at your SL , so far so good, some profits already booked by moving SL level, let's see what happens :)
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