Technician

(J) Trade 14 : Renewed downside pressures possible #forex

看空
FX:AUDUSD   澳元/美元
134
Update: Stopped out
Profit= -$600 .
Balance= 31 017 - 600 = $30 417
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Trade 14: SHORTED AUDUSD @0.7680
Trade Status: Active
S.L @ 0.7730
T1 0.7600
T2 0.7535

For $30 592 Balance, Position size = 1.2 lot ~ 2% risk of capital

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Reasoning
  • Retest of recent horziontal borken support
  • Descending resistance
  • Broken rising trend line
  • Multiple pin bar on retest
  • Negative sentiment surrounding markets, may support lower yielders.

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