Hi Traders, here is my set up for AUDUSD pullback short! I marked out the market structure break before it happened, but forgot to publish it.. now we have this on the lower timeframes, this looks like it could be good to go! What do you think?
Hope all is well, my second published trade on Tradingview.com (XAUUSD was bang on accurate - this can be found on my story on IG, below)
Taken this short based on a previous closure below the trend, another closure below would be a strong indication of a push lower on AUDUSD.
*Change of momentum in this pair, i will inform whether the 30 pip stop loss...
AXY is potentially turning bullish within its trend. This aligns with the DXY potentially weakening making for a possible long setup here.
Either enter on breakout or wait for retest.
Entry @ 0.67725
SL @ 0.67250
TP @ 0.69750