traderparag

Attractive Risk:Reward opportuity in AUDUSD on short side

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
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11
AUDUSD has touched an important sloping trend-line on the upside and hence presented a good opportunity to short..

SL should be above previous high.
Comment: Hi Guys - AUDUSD trade is still continuing and going well!

SL can now be moved to entry - around levels of .77100.

No hard in taking partial profits very soon & leaving the rest of the trades open for a larger move..
Trade active: AUDUSD moving towards 200 EMA on 4 Hr charts:

Trade closed: target reached: I have exited most positions and 1 remaining on trailing Stop loss..

It was a good move down.. hope you all could profit too in this fall...

Comments

Hello traders please check and comment this idea



Did you see Cooper W1 chart it looks pretty similar to AudUsd - Sell AUDUSD

See you.
+1 Reply
Hi Guys - AUDUSD trade is still continuing and going well!

SL can now be moved to entry - around levels of .77100.

No hard in taking partial profits very soon & leaving the rest of the trades open for a larger move..

Reply
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