AUDUSD Looking for mean reversion trade (SHORT TERM)

٢٠ ديسمبر ٢٠٢٤

Daily Chart seems over extended using 200sma Bollinger Band and RSI reacting at 25 oversold level although this could still push lower. If my predictions is right that the price could pull back to at least close to mean there could be an opportunity for a trade




1hour execution timeframe I waited a pullback to a 61.8 fib from the range also at the rsi 100sma pull back for confluence

٢٠ ديسمبر ٢٠٢٤

تم فتح الصفقة

PROTECTING TRADE NOW AS WE ARE STILL GENERALLY ON A DOWNTREND AND WE ARE JUST SPECULATING THE CORRECTION

٢٣ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

the trade has been trailed stopped but trying to see how the setup would end up. so far its good