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Fxprotrader
Aug 6, 2016 7:59 AM

AUDUSD Potential Sell Setup  Short

Australian Dollar/U.S. DollarFXCM

Description

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.

Like and comment for updates..!

Trade active



If price reaches the first target, we move stoploss at BE to second position

Trade closed: stop reached

Comments
btM_Afta
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
Fxprotrader
Sometimes small mistakes work in our favour :) Yes moving your sl is a good idea
fxfxfx
I have entered at your SL , so far so good, some profits already booked by moving SL level, let's see what happens :)
Batman-oz
Thank you good Sir, i have a price alert set for this baby. SMTM
Trillionschifer
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*.
queenrossana
thanks for update :D
Fxprotrader
You are welcome :)
queenrossana
are you still in?? hit stoploss T_T
Fxprotrader
No price reached stoploss..
btM_Afta
is really high SL right? >.<
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