The entry filled and the call is being tracked candle by candle.
What is the logic behind this AUDUSD short?
Written by the trader before the outcome was known, and never edited since.
shorting audusd at 0.71257 as 4h fvg converges with downtrend, eying 0.7050, invalidating above 0.7150.
Thesis at publication
The longer case, also locked at publication.
$AUDUSD at 0.71257, perfect for shorting due to 4H Fair Value Gap at 0.71372, now filled and showing resistance. Confluence met with bearish momentum continuation from Fib golden pocket (0.71383) and trendline break (0.71314). Target 1 at 0.70942, key support level, invalidation at prior resistance turned support, 0.71467.
Market context
What was true around AUDUSD when this call was published.
Among active calls posted on TradeLiveX at that moment, 71% of 7 open AUDUSD calls from 7 traders were long.
2 graded calls, 100% closed above breakeven, mean +0.98R. Frozen as of the post — it is not recomputed.
Across all 9 graded AUDUSD calls on TradeLiveX from 8 traders, 44% closed above breakeven with a mean of -0.05R.
Discussion
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