samirtoro
Short

AUDUSD high profit short

FX:AUDUSD   Australian Dollar / U.S. Dollar
The bias of the bearish momentum is now back in motion. i entered a short on the right shoulder even after and while the consolidation was in play just below the neckline. I TP when i saw the price action started to retrace.
It did retrace and it has now reversed at 50% and tested it's previous support (now turned into resistance)

Everything is kept simple and self-explanatory on the chart. I have put different Take Profit's which you can choose from.
Remember:
  • Don't let the greed consume you.
  • Trail stop and change it often
  • Be patient, this is a long-term trade


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