Yuriy_Bishko
Short

AUstralia 200 a Short Signal

FOREXCOM:AUXAUD   Australia 200 CFD
The price broke down key level 6199 and D1 close under it.
On the chart we see that the price bounced many times from that level and made a fake broke. It is powerful signal that big players are interested in that level.

I look for a short near: 6189.9
S/L: 6218.5
T/P: 6044.7

C.C.L. — Candle created level
C.A.P. — Candle Approved level
F.B. — Fake broke
P. - potential profit in 5 times bigger

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Trade active
Trade closed: stop reached: I set againe a pending order Sell limit at 6200 because D1 candle didn't close upper that level

Situation still Bearish
Trade closed: target reached
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This is not bearish.
We can see.
Reply
@bbea29, it is bearish
Reply
bbea29 Yuriy_Bishko
Yes, I recognized on monthly chart. You are right :)
Reply
bbea29 Yuriy_Bishko
@Yuriy_Bishko, and thank you. :)
Reply
Hit SL :(
Reply
Yuriy_Bishko jose.perez.lara.mx
@jose.perez.lara.mx, Yes. It so sed.

I set a pending order Sell limit at 6200 because D1 candle didn't close upper that level
Reply
@Yuriy_Bishko, it hit my SL and then go down :(

Do you think could be a good time to entry again?
Reply
Yuriy_Bishko jose.perez.lara.mx
@jose.perez.lara.mx, I set a pending order at 6200 because daily chart didn't close upper key level.I think there are a big chance to move down
Reply
Yuriy_Bishko jose.perez.lara.mx
@jose.perez.lara.mx, It is so sed when the price F*ck you and move into your derection
Reply
@Yuriy_Bishko, Did hit your SL?
Reply
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