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AUDUSD SHORT Bullish Flag Broken
Australian Dollar / U.S. Dollar
Short
AUDUSD SHORT Bullish Flag Broken
By ndjf310
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Updated
Feb 1, 2018
2
Cheer
Cheer
Jan 31, 2018
I am shorting AUDUSD for the following reasons:
It has broken a the ascending bullish flag it was on. [ I am expecting a retrace to the trend line for a good short]
* It is simple price action.
If the candle were to go up pass the trend line it would invalidate my trade activating my Stop Loss and would wait for a retest to go long.
Feb 1, 2018
Comment
I was waiting for a retest to go long but it went back short retested it twice so i see AUDUSD falling
breakoftrendline
Chart Patterns
FLAG
pattern
patterntrading
short
Trend Analysis
ndjf310
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