Downwards channel formation. Watch Australia unemployment fundamentals shortly here. Expectation AUD weakness.
I am only in sells in AUDUSD. If it retraces up I will sell at 0.7230 (resistance)
Entry: Sell stop 10 pips below channel
TP @ 0.7090 area (bottom of channel)
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
I am only in sells in AUDUSD. If it retraces up I will sell at 0.7230 (resistance)
Entry: Sell stop 10 pips below channel
TP @ 0.7090 area (bottom of channel)
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
הערה:
Trade is in consolidation, no sell stop entry hit.