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

Australian Dollar/U.S. DollarFXCM

Description

⋅ Oct 25, 2018 12:45 PM

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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Trade active

⋅ Oct 25, 2018 1:02 PM

Trade closed: target reached

⋅ Oct 25, 2018 1:29 PM

Bravo ! Enjoy the profit

Comment

⋅ Oct 25, 2018 1:33 PM

Hit our resistance then drop as we planned.

Comment

⋅ Oct 25, 2018 1:37 PM

Could possibly test the previous low and break even lower.

Comment

⋅ Oct 25, 2018 1:40 PM

Another AUDUSD possible setup

Comment

⋅ Oct 26, 2018 11:02 AM

You like the profit?

Comments

FXCM

⋅ Oct 26, 2018 9:03 AM

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

WBGwen

⋅ Oct 26, 2018 11:14 AM

@FXCM-EDU, Glad we have the same idea. Thank you for sharing.