Although the technical setup is pretty good to short AUDUSD, the fact that bullishness of the rebound from its all times low contradicts the idea of selling.
Nevertheless, if the stop loss can be tight enough to short just the retracement of a strong reversal, there are still profits to be made.
AUDUSD has gained close to 90 pips in a day, and it is extremely rare to see the volume goes beyond 100 pips.
In other words, you can expect a retracement from today's bulls very soon, and thus an opportunity to make a profit.
Nevertheless, if the stop loss can be tight enough to short just the retracement of a strong reversal, there are still profits to be made.
AUDUSD has gained close to 90 pips in a day, and it is extremely rare to see the volume goes beyond 100 pips.
In other words, you can expect a retracement from today's bulls very soon, and thus an opportunity to make a profit.
Nota
Do wait for some form of reversal signal before going in for a short. Sentimentally, the market doesn't really favours a short.Pesanan dibatalkan
As expected, the market doesn't favour a sell for AUDUSD and the whole selling structure has been broken. (Which is why usually under such condition, one must take cautious in making a trade decision.)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.