Looking for a short position on the risk on/risk off pair. With the current market sentiment in securities, I believe the big boy trader will we looking for a safe haven. The aussie's correlation to gold is another factor in why I'm selling the AUD. So entry @ 0.6543 , both higher and current timeframe supertrend's are sells and the stoch is the overbought zone. TP1 @ .6444 zone and TP2 @ .6343 zone.
Trade active
still managing this tradeTrade closed: stop reached
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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.