AUD/USD SHORT - TWEEZER TOP/BEARISH ENGULFING

opened a short position on this pair, the pair is at a daily resistance level and failed to breakthrough, also a tweezer top was formed at the resistance. Therefore i have taken out a short position with the TP level at the 0.382 fib level and daily support.

TP @ 0.73826
SL @ 0.75211
R/R @ 1.54

Trade geschlossen: Stop wurde erreicht:

Price broke the 1HR descending trend, after that it was just a matter of time till the trade hit SL.