AUDUSD Nice downfall risk and reward

Found a very good risk and reward trade for audusd on 4H chart, 4 hour candle rejecting the 50% fibo pattern and at the same time the fibo 50% line which was a previous strong support have now become the resistance. This is combo combination of Support become Resistance and 50% Fibonacci retracement. looking at 250pips + or reward at 0 level fibo.
sl is always slightly above 61.8 fibo

Zlecenie aktywne:

trade active once the price closed below the 50% fib

Zlecenie aktywne:

currently runing with 50pips+, breakeven +1 to secure the capital and let it run

Komentarz:

Halfway to TP