Short trade on AUD-USD using Custom indicators, Confluence PA

22 Nis 2021

Trade Setup
5 Strong confluences

1) Multiple Red dots on Market Cipher
2) SSL Hybrid turns Pink indicating Weakness of Trend
3) Theta gainer turns red confirming Trend weakness
4 & 5 ) Red Bars below VWAP and 50 EMA. 50 EMA moving below VWAP.. Strong sign of bearishness


Trade approach

1) Short with Trailing on SL ATR points 1 timeframe below 1 hour.

Happy trading..

Regards
Sri

22 Nis 2021

İşlem kapandı: hedefe ulaştı

The immediate T1 at Support at 0.77057 was reached. Exit as trailing SL hits. Good R:R