vbadali
Short

Short after the Sharp Rejection + Retail Traders Flip Long

FX:AUDUSD   Australian Dollar/U.S. Dollar
19 0 0
1. Rejection of long term downtrend line
2. Retail traders flip long (contrarian signal for losses)
3. About to lose short term support line

.72 is the first target. Sell a break below the red trend line or wait for a bounce and sell aggressively. Give yourself 50 pips risk we're looking at a minimum of 300 pips on this play.
Trade active: Short triggered at .7525 stop @ .7575 take profit @ .72
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out