TradingView
HaroonAhmad12
Jun 7, 2020 7:25 PM

Weekly Look out for AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

Wait for a proper Bearish Confirmation candle and we could have 2 TPs with lots of pips to catch.
2nd TP is just above the 0,618 Fib of D1. The price should pull back to that zone before Continuing up since we havent seen a major pullback.

Always enter the trade after you have enough confirmation. for Me i'll be looking on more H1 candles around the area that I marked with circles, We can see lots of undecisive candles there. Lets see what happens.

Comment

Waiting for an entry.

Trade closed manually

Closed with a 20pip Loss. Since the price broke out and retested from upside. Plans have changed.
More