AUDUSD - GREAT OPPORTUNITY

Great opportunity for 400-500 pips. Looks like a reversal pattern at the top. Estimated TP 0.5 Fib

Entry: 0.765
SL: 75
TP: 500
R:R 6.7

Trade attivo

Trade chiuso manualmente:

I think we're few days premature from it actually falling.

It will fall, it's about picking the right moment.

Closed: -4 pips

Commento:

Just reviewing this and I was absolutely correct to cancel and wait.

This pair needs further analysis. I did start it, but my charts+system takes a while to set up properly.

Will evaluate and try to pinpoint the start of this descent over the weekend.