AUDUSD (H4) - Sell Stop
Updated
- AUDUSD has declined after RSI is above 70
- Main trend is still up, RSI is higher than 50
- Currently AUDUSD is located at the Fibonacci Retracements 61.8 (0.75095) area.
- Wait for the downtrend (possibly) to Sell
- Sell Stop 0.74459
SL: 0.75164
TP1: 0.74187
TP2: 0.73631
Comment
- AUDUSD (H4) has not reached the entry point.- A new week will begin with a changing market sentiment.
- Cancel Sell Stop order with AUDUSD.
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