AUD/USD sell (Price in Supply Zone now)

Short

Australian Dollar / U.S. Dollar (OANDA:AUDUSD)

Updated

OANDA:AUDUSD Australian Dollar / U.S. Dollar

Trend Analysis

trendanalysis

Price is in supply zone so I'm going to wait for currently 4 hour candle to close before I enter short on this pair.

Trade active:

Wicks have formed on the 1 hour chart so I am now short at 0.8050

Comment:

first take profit is set at 0.8000 psychological level.

Comment:

we are now 20 pips into profit so I will be moving my stop loss to break even.

Comment:

We are now 50 pips into profit and should reach our target with a second target set at 0.7969

Trade closed: target reached:

1st take profit reached and now I'm looking at 0.7969 for a final take profit

Trade closed: target reached:

Final Take profit reached.

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