AUDUSD: Second Call, Bearish market condition

Written by Raul Lopez on . Posted in Trades & Analysis

Earlier this week I wrote about the AUDUSD being in a bearish market condition, but it came back and traded in a new range, well… it is again in a bearish market condition:

AUDUSD

AUDUSD

My Trading Plan:

As long as the AUDUSD keeps trading below 0.8937 I will be looking for short trade opportunities.

All long opportunities will be ignored.

Trade Safe!
Raul Lopez

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Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
StraightForex
Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

If you have any question about anything, please feel free to contact me at: info@straightforex.com or call +1 518 300 3828

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