TheForexClubFX

AUD/USD - Short-Term-Trade - Conservative 4H Trendline Rejection

Kort
FX:AUDUSD   Australiensisk dollar/USA-dollar
We had previously placed a -Aggressive- Entry for this pair. As stated previously we have waiting for the 4H candle to place our 2 active position for this trade. It is a little bit risky due to the fact of all the news we have upon us. But overall we are still predicting a down-side for this pair. As long as we don't see price closing -ABOVE- our trend-lines we should be fine following this current down-trend we are currently in.

As of right now we shouldn't be adding any more positions and letting these 2 active trades ride.

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