AUDUSD Short
Updated
Still some potential to catch a nice little trade on this pair, this area we are at just now was my TP on a trade I set last week!
Wait for the retest of support as resistance then take an entry as suggested, of-course using your own entry criteria! Will be at least an M30 bearish engulfing for me.
Wait for the retest of support as resistance then take an entry as suggested, of-course using your own entry criteria! Will be at least an M30 bearish engulfing for me.
Note
Dropping down to the M30 timeframe and we've had our retest, with a bit of bearish movement coming into the pair now. Like I said i'll be looking at entires on an m30 engulfing candle.There are a few areas to watch for taking profits here but primarily they would be 0.70750, 0.70496 and 0.7617.
Good luck!
Trade closed: target reached
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