I have been working tirelessly to create a strategy that gives me a pretty high win rate and RR at the same time, which I know is unheard of but that won't stop me.
This is one of my first trades based on this new strategy. I use Fib levels 62%, 70.5% and 79%, price is rejecting these levels and a 1hr resistance at the same time.
Just found a 4hr support that falls in-line with my 25% extension.
BOV's made a pendant and had a bearish breakout.
You can see that price has already gone down the moment I entered the trade.
Short AUDUSD now if you haven't I guess.
Also, do not trade during the Asian/Sydney sessions as price tends to get manipulated to hit your SL.
I started looking at the charts the moment the London session hit.