AUDUSD TRADE UPDATE — +3.1R
We came into the charts this morning to find AUDUSD making another strong bearish move, bringing this trade to +3.1R.
This setup developed after price had recently traded around 3-year highs before beginning the move lower.
We watched price move back into the previous resistance area near the Daily 50 EMA, where sellers began stepping back into the market.
Today we're seeing exactly what we wanted to see — strong bearish continuation.
The position has now been closed:
✅ RESULT: +3.1R
Another example of allowing the process to do the work:
STRUCTURE → REJECTION → MOMENTUM → VOLUME → EXECUTE → MANAGE
And something I'll continue saying:
It's not a win until the money is in your account.
This one is officially in the books.
Preparation • Execution • Consistency
Forex Academy VMS
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