1:13 RR chance in AUDUSD / Swing Trade

Currently, we see in AUDUSD how the market is building more and more a bearish momentum. We even have slightly broken a support and the last weekly candle show us a hammer with a long wick and a small body. If the current becoming candle (right now a green Doji) turns into red, that is a trigger signal for us that the wick of the last candle will be filled and we could enter immediately the trade with a nice 1:13 RR chance to the downside.

Entry: 0.73918

TP 0.70374

SL 0.742 (you can chose a bigger SL as well)

Feel free to contact me if you have questions or notes.