AUDUSD - Short after Fakeout (Daytrade)
Hi Traders
I just went short after this textbook setup. I love waiting for a fakeout - on the upside or downside - and then catch the breakout. Theupmove had to come to a rest at some stage and I believe now is the time.
However, I don't want to stay in the trade for too long so I'm aiming for a 1:2 RR.
Let me know what you think in the comments below!
Have a nice weekend everyone
I just went short after this textbook setup. I love waiting for a fakeout - on the upside or downside - and then catch the breakout. Theupmove had to come to a rest at some stage and I believe now is the time.
However, I don't want to stay in the trade for too long so I'm aiming for a 1:2 RR.
Let me know what you think in the comments below!
Have a nice weekend everyone
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