23 Nov 2016

AUD/USD - A POSSIBLE SHORT ENTRY

AUD/USD DAILY

The rate has made a pullback after the massive last week drop and is now testing the former broken 4-month range support as the new resistance.

Similarly as with my NZD/USD trade idea I took a small short position on the initial 2016 uptrend break and I am now looking to scale in this position. A strong rejection lower from the resistance area (0.7420-0.7450) may work as an opportunity for some short positions, however, I am also open to a possibility the rate retraces higher to test the 3-year-long falling trendline resistance (the last test came as a false breakout which was followed by a 450 pip drop).

Weekly close above 0.7770 level would turn me bullish on the pair.




Forex Signal Service will show you how to take professional,
high quality and substantially more winning trades.


...even if you’re not an experienced trader.
...even if you’re not good at reading charts.
And you’ll see how to do it, by placing your own trades, with more confidence and less risk, wasted time and wasted effort.

And Here’s Exactly How It Works:

I will send you real-time simple, well structured and clear Forex signals via email, everything you need to know to place a good trade, including:
  • Exactly when and where to enter the trade
  • Exactly when and where to take the profit
  • Safe exit trading tactics
Plus, I’ll share the trade updates if it closes or requires any modifications, as well as how to utilize a profitable forex signals, and do risk management.

It's Clear Why Forex Signal Service Is A Good Choice

It’s about making it easier to be financially safe without asking too much of you, with far less wasted time, wasted effort and headaches for quick and easy trading.
You can start bringing in reasonable profits simply by watching and implementing the tips and signals I send your way and with no hidden fees and commissions to worry.
Even part-time traders can easily bring in a decent monthly income by simply following the simple advice Trade It Simple Signaling service provides.
GET SIGNAL SERVICE NOW!

0 comments :

Post a Comment