AUDUSD - 1500 Pip Bullish Run Is Over!
AUDUSD - 1500 Pip Bullish Run Is Over! After a 3 month/1500 pip bullish run from the 0.5500 area. Price has been moving in a sidewards direction for one month (since 10th June). Price has broken and retested a short term trend line and I am now taking a short position with two TP targets. If price can reach my key weekly level (0.67000) it will result in +250 pips with a great R:R of 1:4.
Trade closed: stop reached
-60 Pips.
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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.