AUDUSD short opportunity

13 Nis 2018

As we can see in my analysis, AUDUSD just formed a shooting star right on the trend line and it happens to be right on the 61.8 retracement. Also, the bearish RSI divergence suggests that this pair might go down a bit until it hits the daily trend line (which is an uptrend). Until then, in my opinion, this pair is going down. However, we must be aware that a break of the H4 trend line is possible, so risk management is crucial.

Always combine my analysis with your own.

13 Nis 2018

Not

For those who entered the trade, we are 25 pips in profit. If you want your trade to be risk free, move you stop loss to breakeven.

13 Nis 2018

Not

I moved my SL to breakeven since this downwards movement that put us in profit could simply be a pullback to the 0.7765 support before a bigger upwards movement. If it breaks this support, this pair will probably hit our TP. If not, our positions will close at breakeven :)

More analysis to come for next week!
Have a good weekend

15 Nis 2018

İşlem elle kapatılmış

I closed my positions with 15 pips in profits! 1 hour time frame didn't look good, which is why I took what was left of profit. See you guys on my next analysis :)

20 Nis 2018

Not

+ 80 pips for those who are still in this trade! WIsh I had kept my positions open haha... keep catching this pips guys, more analysis to come.

21 Nis 2018

İşlem kapandı: hedefe ulaştı

+125 PIPS!:)