AUDUSD Short. potential 4,67 Risk Reward Ratio

17 Nis 2017

Short position after today's rejection of 61.8% fibonacci retracement level and 0.7585 resistance level forming a potential Lower High. Enter the trade with a sell stop order after break of today's candle low. Stop Loss over today's daily candle. Potential target 61.8% fibonacci extension level. Move stop Loss as trade develops