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FXwithJess
Jan 22, 2021 6:14 PM

AUDUSD - Brilliant January Set-Up Short

Australian Dollar/U.S. DollarFXCM

Description

In this particular set-up, you can see we had three really great opportunities for entry. Entry highlighted by yellow horizontal line, let's review what i saw. On the Daily TF, I noticed the uptrend since Nov. 2020, a pullback was clearly due, we had a HH being formed. On the 4H we had strong resistance and I took entry from the 1H, waiting for the break of the smaller trend-line.

Simple set-up that easily made 200+ pips altogether. A set-up is really good when you can take the same set-up, more than once.
Comments
TheSignalyst
Keep it up Jess 😁
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