AUDUSD in Sell

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As we witnessed that AUDUSD shown a good bullish rally and then went into the ranging phase since past few days. But now it has broken that range & thats the clear indication that it has been out of the DISTRIBUTION PHASE and started making a series of lower lows & lower highs. Since we always want to trade on market's behaviour instead of trying to short early so it has given plenty of signs that its all set to go in bearish phase now. So we can ride it keeping a safe Stoploss on previous LH and can book our tp on next loop of LH & LL.
Nota
TP1 booked beautifully, Can ride for TP2 Keeping Stoploss at entry to Breakeven.

Penafian

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