AUDUSD short vibes
Aligned this trade starting from the weekly down.
Weekly shows a space of liquidity (70 pips) that can get filled in before hitting the next support.
Daily shows Evening Star pattern +
Descending Triangle Formation
Took this trade on a 30 min timeframe with 14 Ema resistance and 30 min structure
If this trade loses I will short again from the .618 which is my optimal entry. This entry is more aggressive.
Entry: 0.74211
S/L: 11.1 pips
T/P: Next Psych Level + -61.80 extension (70 pips)
Weekly shows a space of liquidity (70 pips) that can get filled in before hitting the next support.
Daily shows Evening Star pattern +
Descending Triangle Formation
Took this trade on a 30 min timeframe with 14 Ema resistance and 30 min structure
If this trade loses I will short again from the .618 which is my optimal entry. This entry is more aggressive.
Entry: 0.74211
S/L: 11.1 pips
T/P: Next Psych Level + -61.80 extension (70 pips)
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