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epraveen92
Jul 15, 2020 5:05 AM

SHORT at Resistance on AUDUSD  Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD Price is at resistance and formed gravestone doji.

GO short at high with good RRR

Trade closed: stop reached

Comments
arunsr
Looks like it's going long..
epraveen92
@arunsr, Is it? how?
arunsr
@epraveen92, hi.. i am new to hear may be i am wrong. still respecting the bullish trend and testing the resistance. Waiting for solid confirmation. What you think? May be i totally lost in analyzing.
epraveen92
@arunsr, It may be bullish but my idea is for short retracement. Let us see what happens
arunsr
@epraveen92, still waiting for a signal. what you think?
epraveen92
@arunsr, it was triggered the stoploss, this is resistance area, so many fake breakouts will occur. now the SL hit candle is a bearish engulfing. There may be a possible down move. But in general, USD is weak right now so candlestick pattern fails because of news.
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