Attractive Risk:Reward opportuity in AUDUSD on short side

AUDUSD has touched an important sloping trend-line on the upside and hence presented a good opportunity to short..

SL should be above previous high.

Commento:

Hi Guys - AUDUSD trade is still continuing and going well!

SL can now be moved to entry - around levels of .77100.

No hard in taking partial profits very soon & leaving the rest of the trades open for a larger move..

Trade attivo:

AUDUSD moving towards 200 EMA on 4 Hr charts:

Trade chiuso: obiettivo raggiunto:

I have exited most positions and 1 remaining on trailing Stop loss..

It was a good move down.. hope you all could profit too in this fall...