A possibility for a 10%+ trade shorts on AU. Keep on eye on price action on lower timeframe. If you see rejection take the set up. Or take it and risk 0.5% only.
Note
I put the furthest potential target... that doesn't mean I wont be closing majority of the trade when we reach 5%. Always take money from the market.
Note
Price Reached 3.5% which is nice but took us out at BreakEven. Such a shame and another reason why taking partials is key.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.