Sold this pair earlier with TP at S3 pivot line and SL a few pips above S1 (which is also near it's daily high) to ride the recent risk-off related to increasing geopolitical risks and also weaker than expected Chinese inflation report.
dailyfx.com/forex/fundamental/article/drivers_of_price_action/2017/08/09/Closing-Bell-August-09-TY.html?DFXfeeds=forex:fundamental:article:drivers_of_price_action
dailyfx.com/forex/video/daily_news_report/2017/08/09/DailyFX-European-Market-Wrap-Risk-Switches-to-Off-Mode-as-North-Korean-Tensions-Heat-Up.html?DFXfeeds=forex:video:daily_news_report
dailyfx.com/forex/technical/home/analysis/aud-usd/2017/08/10/AUDUSD-Technical-Analysis-Sellers-Take-Aim-Below-0.78.html?DFXfeeds=forex:technical:home:analysis:aud-usd
Daily:
Weekly:
Confidence: A (there's still risk that this pair will rebound soon especially Thursday's near the end of the week already, but I think this position will hold in the long-run considering the chart patterns in the daily and weekly charts)
dailyfx.com/forex/fundamental/article/drivers_of_price_action/2017/08/09/Closing-Bell-August-09-TY.html?DFXfeeds=forex:fundamental:article:drivers_of_price_action
dailyfx.com/forex/video/daily_news_report/2017/08/09/DailyFX-European-Market-Wrap-Risk-Switches-to-Off-Mode-as-North-Korean-Tensions-Heat-Up.html?DFXfeeds=forex:video:daily_news_report
dailyfx.com/forex/technical/home/analysis/aud-usd/2017/08/10/AUDUSD-Technical-Analysis-Sellers-Take-Aim-Below-0.78.html?DFXfeeds=forex:technical:home:analysis:aud-usd
Daily:
Weekly:
Confidence: A (there's still risk that this pair will rebound soon especially Thursday's near the end of the week already, but I think this position will hold in the long-run considering the chart patterns in the daily and weekly charts)
Trade closed: target reached
<3 Profit
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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.