Hello everyone, audusd is preparing for a nice short opportunity, watch how market will react on top and base on price action short it. If market breaks strong the top or drop corrective then manage your trade and wait for price action in order to see the setup, be safe and trade with care!
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audusd price went 20 pips up but it was nothing setup is still there watch it to go lower
I'd prefer to follow the trend and be long here until a break below 68c
Interesting how 80% + of trade ideas for last 6 weeks have been shorts and AUD has rallyed from 64 to 70
mkoulou
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@richardcw7424, follow the trend then, learn to read price action and patterns and then tell me about 80% of the traders(who dont know to read price action) hahahh
richardcw7424
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Or the trend just continues!!
mkoulou
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@richardcw7424, kid as i mentioned learn to read PRICE ACTION! as you can see you had a clear pattern formations, traders that follow me knew how to react on that! shorts there was 60 pips in that range enough time to secure profits and move on break even! if you were long when you mentioned the comment then you risk to reward charts are not making sense! so when you will comment on my ideas again come with charts before and after!
Interesting how 80% + of trade ideas for last 6 weeks have been shorts and AUD has rallyed from 64 to 70