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mcropper
Mar 15, 2017 2:01 PM

AUDUSD Short Short

Australian Dollar/U.S. DollarFXCM

Description

Maybe im bias with open short positions and too risky to trade on at the moement, but this is just an idea at the moment.
Entry: between previous resistiance zone and support area in pink.
SL: well above 0.7630
TP at 50% level.
will keep an eye on where we close for the day. I suspect a spike to the above entry then a fall.

Trade active

order filled

Comment

No risk no loss.
Broke the channel so the decision not to trade it was a good one.
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