FX:AUDUSD   Australiensisk dollar/USA-dollar
Trading simple support and resistance. The price on AUDUSD is at a reasonable resistance zone which was once a support. Strategy is to sell the market and the signal for entry is to enter in on break of structure on the 1minute timeframe indicated by the redline. I place trade and wait for market to play out. Always remember to space out stop loss, there a good chance the price will come down but we want to be sure not to take any losses on the way down else it will nullify our profit and a it'll be a waste of a good trade.

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