Bearish .786 Retracement

211
Why sell?

  • bearish 78.6% retracement
  • bearish hidden divergence


Trading Plan:

Break of .382 projection triggers sell limit orders at .236 and .114 projections
Stops 2 pips above the highs + spreads
Target 1.618 projection

Trade details highlighted on chart.

Good luck to everyone trading AUD/USD!

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