AUDUSD continuation short trade
I have already take all my positions off on the initial trade at 0.7401 (+77pips).
Now looking to re-enter a short hopefully at a higher price, waiting for more retracement.
Looking at the 0.7440 levels :
- Support turned resistance
- ABCD pattern on the H1
- by then, I would prefer to see RSI at the 50 level and get resisted there.
My original targets = 0.7328
Now looking to re-enter a short hopefully at a higher price, waiting for more retracement.
Looking at the 0.7440 levels :
- Support turned resistance
- ABCD pattern on the H1
- by then, I would prefer to see RSI at the 50 level and get resisted there.
My original targets = 0.7328
Anulowano zlecenie:
Price never reached my entry level at 0.7440 and continued to drop further.
Got the direction correct, but missed out on the re-entry
Got the direction correct, but missed out on the re-entry
