Short opportunity on AUDUSD
Updated
Here a year old descending channel...
1) PA is on the top of the channel,
2) PA is touching the EMA100 (blue).
3) Stochastic is over the 80 level (K hasn't crossed D yet) and starting to turn.
4) Hidden Bearish Divergence.
Everything points to a trend continuation trade.
Very important news on the Dollar side, tomorrow and Monday morning.
Another pair to keep an eye on...
1) PA is on the top of the channel,
2) PA is touching the EMA100 (blue).
3) Stochastic is over the 80 level (K hasn't crossed D yet) and starting to turn.
4) Hidden Bearish Divergence.
Everything points to a trend continuation trade.
Very important news on the Dollar side, tomorrow and Monday morning.
Another pair to keep an eye on...
Trade active
I took this one @ 0.71898 (SL @ .72807), and it just reached my 1st TP @0.70989 (1 RR) and I took 1/3 of the position. Did not move my SL yet.
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