Forex Trading on AUD USD Feb 9

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I spotted this market on AUD/USD pair and made a “short entry”. I believe it will go down because of the momentum of the buying pressure has now (probably ended). I am still not sure. I have nothing to back up this trade but instinct. 😀 I might screw this up but at least its listed here and I can still go back with all the forex trades I made.

Update: Feb 10 10:30 am

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Maybe that is why we shouldn’t put emotions when trading. My trade is now at -23.7 pips. I can still see that its going down now. Might as well be on the trade.