AUDUSD - Plan to short

Simple trade using trend analysis.
Run away if trend change to bullish.
Daily : Bullish
H4 : Bearish.
Idea: Trade in H4 and close also in H4 chart. Check the nearest target for partial profit or using trailing stop.
In my mind: I maybe wrong as higher TF is contradicting the smaller TF (H4). Beware of the risk.

Dagangan aktif:

Short entry triggered. Hit SL if close above 0.7895

Dagangan ditutup: hentian tercapai:

Market is doing the bearish reversal. Believed the big impact news caused the trend suddenly changed.
On Daily chart, bullish started to continue. Wait for bullish retracement (H4 chart) on new structure.