AUDUSD SHORT - Obvious lower swing high has formed from the 4 hour perspective - expecting the previous lows at 0.7329 to be met and potentially penetrated to the the downside triggering in a LOWER LOW
Expecting US Dollar strength across all major G10 currencies - stop loss placement is above the previous lower swing high as you can see as it is a safe area for a stop loss considering the prevailing market set up which incentivised me to take the short position.
Expecting US Dollar strength across all major G10 currencies - stop loss placement is above the previous lower swing high as you can see as it is a safe area for a stop loss considering the prevailing market set up which incentivised me to take the short position.