AUD/USD Short Trade 15/02/2017
Price has been in a strong up trend structure.
We have failed to make new highs.
price has also formed a double top and rising wedge formation.
I have taken an aggressive entry at 0.76762 in the form of a short trade in anticipation of a short trade.
Short term i am looking for a target that is the height of the wedge but i believe that if the previous outside return of the uptrend structure is broken we could achieve extende targets, so this trade will be monitored in anticipation of that.
SELL @ 0.76762
SL @ 0.7733
TP1 @ 0.75771
TP2 @ TBD
We have failed to make new highs.
price has also formed a double top and rising wedge formation.
I have taken an aggressive entry at 0.76762 in the form of a short trade in anticipation of a short trade.
Short term i am looking for a target that is the height of the wedge but i believe that if the previous outside return of the uptrend structure is broken we could achieve extende targets, so this trade will be monitored in anticipation of that.
SELL @ 0.76762
SL @ 0.7733
TP1 @ 0.75771
TP2 @ TBD
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.