AUDUSD SHORT 4 HR BREAK AND RETEST TRADE SETUP

Hi everyone:

A good reward risk trade on AUDUSD SHORT, as the 4 HR chart broke down support trend line,
looking for a lower high @ main pivot, 0.382 fibs retracement to short.

Target 1: 0.7600 (3% Profit)
Target 2: 0.7540 (5.4% Profit)

Thank you for your support and feedback.

Trade: #25
Date: 02/21/2017
Time: 01:00 GMT

Handel aktiv:

Here is the Daily chart:

Here is the Weekly Chart:

Trade stängt manuellt:

Result: Break Even.

4 HR chart formed doji candle followed by bullish engulfing,
manually exit at break even entry price.

Date: 02/21/2017
Time: 18:00 GMT