AUD/USD 1H - As you can see this market is playing out well for us and are currently sitting in a good amount of profits. I want to see a continuation in this bearish structure and I want to see this market continue to trade us lower.
I have gone ahead and marked out two potential areas of interest that we may see price trade up and into before delivering us with the next bearish impulse, both of which are possibilities to see price reverse from it just all depends on what gives us enough supply to flip the balance.
This trade is currently running + 58 pips. (+ 3.4%) 3.4RR
A big well done to those of you who have gone short in this market, if you are yet to take partials I would recommend doing so and ensure you are applying safety measures throughout the running trade.
If you have any questions with regards to the trade or the analysis itself, you can drop me a message directly or comment below and I will get back to you as soon as possible.
I have gone ahead and marked out two potential areas of interest that we may see price trade up and into before delivering us with the next bearish impulse, both of which are possibilities to see price reverse from it just all depends on what gives us enough supply to flip the balance.
This trade is currently running + 58 pips. (+ 3.4%) 3.4RR
A big well done to those of you who have gone short in this market, if you are yet to take partials I would recommend doing so and ensure you are applying safety measures throughout the running trade.
If you have any questions with regards to the trade or the analysis itself, you can drop me a message directly or comment below and I will get back to you as soon as possible.
