SimpleAsItGets

AUDUSD Clean naked trading / You can give me ideas to improve

Short
SimpleAsItGets Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
It looks like we are in a channel and it has hit the peak of the resistance trend line. I am expecting it to shoot down 0.65086 ish. If everything goes well my first TP should be 0.65461
Trade closed manually:
I took profit when the market started to stall at around 0.66018.

- I am fine with that. But if you guys keep holding, I would looks for a lower high to form and see if it will create a lower low.

If it reverses you can look for a potential buy but I doubt it. Unless if it wants to retest the 0.66211 and breaks through it.

Disclaimer

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.