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Navdeep_Singh

Excellent Risk Reward Ratio Trade

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Navdeep_Singh  
FX:AUDUSD   Australian Dollar / U.S. Dollar
USD (US Dollar)
4
1
usd-us-dollar
The orange line indicated on the chart is the Daily trend line. The doji formation on the chart indicates indecision. Furthermore, the price is in the overbought zone. Therefore, in my opinion, we have an excellent short opportunity here with very good Risk-Reward Ratio.
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