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happyastronaut
Dec 30, 2022 8:37 AM

AUDUSD - POTENTIAL SHORT ENTRY Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD OUTLOOK

Price trading inside bullish channel but is approaching a key order block, thus creating a potential opportunity for a sell at the resistance level.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.

Impulse Short entries can be taken once price rejects that region.

We had our sells set up with potential downside in the R:R ratio of 1:3.
Comments
JoeChampion
Makes sense, yes!
sammmsation
Yes resistance there is strong too!
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