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FX618Analysis

POSITION TRADING: SHORT AUDUSD. TARGET 0.58000

Short
Dollaro australiano / Dollaro (FX:AUDUSD)  
FX618Analysis Aggiornato   
FX:AUDUSD   Dollaro australiano / Dollaro
Trend Analysis Chart Patterns Technical Indicators short AUDUSD Supply Zone Demand Zone breakout Fibonacci Retracement positiontrading
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trendanalysis chartpattern indicator short audusd supplyzone demandzone breakout fibonacciretracement positiontrading
TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: WEEKLY
ENTRY PRICE: 0.66550
STOP LOSS: 0.73400
TAKE PROFIT: 0.58000
RISK TO REWARD: >1:1

ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed @ 78.6% SWING FIB RETRACEMENT.

Follow this thread for any future updates regarding this specific trade.

CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Trade attivo

Idee correlate

FX618Analysis
SWING TRADING: LONG USDCAD. TARGET 1.42000
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