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blackbayinvestments
Jul 23, 2019 11:52 AM

AUD/USD - SHORT 4H Short

Australian Dollar/U.S. DollarFXCM

Description

AUD/USD- possible short (sell ) opportunity may become available if the market continues to rise towards the upper Resistance level. An initial rejection from this resistance level, confirms the trend line, entering a short position on the retest of this resistance level, will offer a very favorable risk/reward ratio.

Disclaimer. Further technical and Fundamental analysis should be considered before entering a trade like this. If interested in joining our free telegram channel, please visit out Instagram at blackbaytrading_charts, and click the link in the bio.
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