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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 markets for more than 12 years. All my trades are based on price action. Check out my Coaching program, I can help you develop a system that helps you trade with better results.