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FedericoSellitti

AUDUSD trading the breakout within the descending channel!

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
FedericoSellitti Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns AUDUSD support breakout swingtrading daytrading Descending Channel keylevel
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trendanalysis indicator chartpattern audusd support breakout swingtrading daytrading descendingchannel keylevel
AUDUSD is one of those currency pairs that I've been analyzing lately, without entering any trade. I'm planning to finally enter a trade on this currency pair, on a potential breakout of a short-term support, that might happen within a good down-channel.
Following the trend, risk to reward ratio better than 1:2, definitely an opportunity that I want to try to catch!
Trade closed: stop reached
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