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AschraM
Feb 12, 2019 4:30 AM

AUDUSD in a downtrend, currently possible buy correction in prog Short

Australian Dollar / U.S. DollarFOREX.com

Description

Currently AUDUSD is in a downtrend but I am expecting this to correct up to 61.8% FIB. I have TP ZONES on the way up. My entry was a clean .70577 with a stop moved up .70608

Short term buy
TP1 @.71000 -.7120
TP2 @.7140 - .71550
TP3 @.71700

SELL ENTRY to be determined (TBD) on exit of buy. I will be looking for a sell pattern for that opportunity. Good luck Traders hope you enjoy my analysis!

Comment

TP1 hit

Comment

Au giving another buy in opportunity. I have added a new position for a buy again

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AU BUYS CONTINUE

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TP2 hit

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tp3 hit .7170

----I have shorted but it may still go up---
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