AUDUSD: Trading Plan For US Session Short
Australian Dollar/U.S. DollarFXCM
Description
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hey guys,
one more attempt to bet on dollar strength.
this time I am watching AUDUSD.
the price is on a key daily level and now it is coiling within a rising wedge pattern on 1H.
on my radar is 0.6975 structure support.
I want this support to be broken to the downside to short the market on retest.
stop is adjusted to a lower high.
target is 0.69
if it sets a new HH within the wedge setup is valid.
P.S it is not a signal, it is a conditional trading setup.