FX:AUDUSD   Australian Dollar/U.S. Dollar
Bullish sentiment weakening. short the break of bullish trend line . TP is safe and modest right next to recent lows. Risk/Reward reasonable

Multiple approaches: 1) Short the break. 2) OR wait for consolidation of the new resistance after the break (safe) 3) short when 0.77071 (before or after breakout - high risk)

Take Profit: 0.75605

Stop Loss: 0.77339

------------

Risk reward: 1.9
Comment:
snapshot


Watch out for the larger trend line. If it gets rejected of that trend line it would be wise to collect profits.
Very Good One, One of the best.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out