Have a look at the above link for the analysis behind this trade setup.
Entry level: at around 77.400
STOP LOSS: 80.300
TAKE PROFIT: 74.500
RR: 1:1
With Trump threatening fresh tariffs on Chinese goods imports, the aussie made a gap down there by breaking the trendline and looks to set to continue its downward channel move!
shall there be any updates, i will update them below as needed. cheers
Trade wurde manuell geschlossen:
CLOSE THIS TRADE. PRICE HAS BEEN DEEPLY OVERSOLD. OVER THE COMING DAYS WE WILL LIKELY SEE SOME CONSOLIDATION. IN THE FUTURE I WILL GO SHORT AGAIN ON THIS PAIR, ONCE THE CONSOLIDATION IS OVER. GOOD PROFITS