FXVampire

AUD USD BEARISH OPPORTUNITY

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
The overall Trend is BULLISH, however, this could be a small retracement to retest the diagonal trend line. I will wait for price to enter into my buy zone and wait for some kind of string push and a double bottom off the trend line. We shall see what happens. Once I see the double bottom, I will set my Stop Loss 50 pips below the second leg. Until then, I will be taking short position until it reaches my buy zone.
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