Trade idea - AUDUSD short
Updated
4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone .
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
0.5% risk.
Aiming to take full profit at Daily TP.
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone .
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
0.5% risk.
Aiming to take full profit at Daily TP.
Note
MONTHLY
Double top pattern potentially in play.
Clear support & resistance zone is there.
Note
DAILY
Bearish impulse / break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Note
DXY seems to be aligning very nicely as well.
Trade active
Active. Trade closed: target reached
Daily TP hit. Took out full position. 
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