failathon

AU - priming for a good short opportunity

Short
failathon Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
This could be a good short opportunity down to 0.764-0.765. And assuming 0.77227 just became our new high (daily, 1hr), then could see that open the gates to fall down further.

Liking this for a short on Monday

Scalp opportunity:
TP1 0.764

Larger swing:
TP1 0.76164
TP2 0.757
TP3 0.74
Comment:
Noteworthy - data releases impending 9.30pm EST Sunday / 11.30am AEST Monday (Building Approval m/m & Retail Sales m/m).
Trade active:
Gapped down, entered short. SL 0.76863
Comment:
TP1 reached and took some $ off the table. Small parcel open at 0.76328, SL 0.76528, let's see if we can hit 0.757 & 0.74, or if it's time to rethink the strategy.
Comment:
In again... 0.76082 sl 0.76232
Comment:
TP2 reached, some more $ off the table

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