A chance to short AUDUSD for 80 pips

The FOMC saw stocks and risk on currencies strengthen after the decision from the FED.

We are seeing weakness in AUDUSD after this strong move.

RSI - H4, H1, M30 and M15 is overbought
Divergence - H1, M30 and M15.
There is a harmonic pattern at a higher level.
Stop loss above 0.7300

İşlem aktif:

This trade worked out perfectly. Currently on 130 pips of profit. Took out half the position a bit early.

05/05/22 DEAL AUD/USD Mini converted at 1.37078165 SD SD38.18
Funds: SD10,162.44

İşlem kapandı: hedefe ulaştı:

Held this trade for 170 pips. Expecting the pair to make a recovery so looking for short opportunity later on.

06/05/22 DEAL AUD/USD Mini converted at 1.3809804 SD SD62.72
06/05/22 DEAL AUD/USD Mini converted at 1.3827515 SD SD44.61

Funds: SD10,293.33