Firstly, I've followed the trend in Week and Daily timeframes. That I realized that AUDUSD is in Downtrend. Then, I focus on finding a short order. A technique that uses is the Fibo+Eillotwave+ Demand supply zone
Fibo for Entry
Eillotwaves for trend analysis
DS Zone for Entry and Closing order
*We can focus on selling at a small amount lot and holding the position till it breaks a form to Uptrend. It doesn't need to SL If you plan it so.
Not
I've closed some orders to gain a balance and will be back in order soon, waiting for an opportunity.
Not
As I said, I focused on following trends. That means it's time to re-entry trade.
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