alicanuz

AUD/USD SHORT TRADE SETUP

Short
alicanuz Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUD/USD seems to be ready to dump, I sold around 6470 with the short target of 6313 the fib 0.618 level.
If price breaks 4h structure to the upside I will add another sell on 6565 to profit from with a possible retest of the 6470 area where I will close my
short positions. Either way, I make money. Make sure to follow this idea, I will keep posting how I manage this trade as price moves.
Comment:

She broke to the upside now I'll wait for a retest of 0.64 area and close my short position or if price continues moving up I will add another short position on 6565 and try to ride it to 6467 where I will close all my short positions and profit.
Trade closed: target reached:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.