short on AUDUSD

Mar 30, 2018

AUDUSD short

Apr 2, 2018

Note

The idea is really easy and completely based on math. The audusd graph is actually a downtrend. I used the Fibonacci half circle to identify interesting price levels where the price has moved in the near past and where it's still reacting now. As soon as the price, after jumping up and down inside the tunnel, broken down again I opened a sell position. I also used the gann square to identify my target points and my stop loss. Really basic reference points. You can Easley find all the interesting points onthe graph I've shared