AUDUSD shorting opportunity

Going short the aussie as we break an important support as well as a trendline. Target is 3 for 1.

Yorum:

Took a bit of profit off the table. Moved stop to entry point. Risk free trade from here on out.

İşlem elle kapatılmış:

We seem to have reached support and prices don't go down in a straight line for very long. Cashing in my chips and will look for a short at higher prices to reach the target.

İşlem elle kapatılmış:

Took some more off the table. Man what a great trade this turned out to be, dropped like a rock! I expect we will have some more shorting to do next week to the trendline in the following chart. We'll see but for now I am closing the shop for the weekend.