AUDUSD Short term setup. Short when the price hit the yellow box

FX:AUDUSD   Australian Dollar / U.S. Dollar
Short term sell. Scalp, sell if the price hit the resistance

RR Ratio 1.5:1

(Note: Never trade with the money you can't afford to lose)

Good luck.

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Oct 25
Trade active
Oct 25
Trade closed: target reached: Bravo ! Enjoy the profit
Oct 25
Comment: Hit our resistance then drop as we planned.
Oct 25
Comment: Could possibly test the previous low and break even lower.
Oct 25
Comment: Another AUDUSD possible setup
Oct 26
Comment: You like the profit?


I agree with your bearish view on AUDUSD and am bearish on it as well. I have also found a horizontal pullback resistance that coincides with the 23.6% fibonacci retracement.
Ichimoku cloud and RSI is also showing signs of bearish bias
@FXCM-EDU, Glad we have the same idea. Thank you for sharing.
+1 Reply
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