AUDUSD - Short setting up with multiple confluence

13 sept. 2019I have already entered a short on AUDUSD due to the double top area and evening star rejection. My stop protects me from a move up unless that move invalidates my trade. This trade may not move until Sunday evening/Monday and if you didn't get involved just wait for a flag.

18 sept. 2019

Trade fermée manuellement

Closed trade at double bottom as well as my scale in. This could continue down but I am happy to let it and then re-enter. The power of letting the market tell you what it is doing. Most people would have taken a break even on this trade.