AUDUSD Short-term Short 1H Timeframe
Overall trend is moving up so be aware this is a counter trend short term trade. There is divergence on the 1hr. Price should retest the break out.
Short:
Entry: 0.679
Stops: 0.6825
TP: 0.6688
Never Trust. Verify.
DYOR. Not Financial Advice Just an Observation.
Always remember: technical analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Short:
Entry: 0.679
Stops: 0.6825
TP: 0.6688
Never Trust. Verify.
DYOR. Not Financial Advice Just an Observation.
Always remember: technical analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.