FX:AUDUSD   Australian Dollar / U.S. Dollar
I have been working tirelessly to create a strategy that gives me a pretty high win rate and RR at the same time, which I know is unheard of but that won't stop me.

This is one of my first trades based on this new strategy. I use Fib levels 62%, 70.5% and 79%, price is rejecting these levels and a 1hr resistance at the same time.

Just found a 4hr support that falls in-line with my 25% extension.

BOV's made a pendant and had a bearish breakout.

You can see that price has already gone down the moment I entered the trade.

Short AUDUSD now if you haven't I guess.

Also, do not trade during the Asian/Sydney sessions as price tends to get manipulated to hit your SL.
I started looking at the charts the moment the London session hit.


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.