AUDUSD has formed bearish flag continuation pattern
AUDUSD is presently printing LHs and LLs and has recently formed a bearish flag continuation pattern. Sell Stop order has been placed on downward breakout of Flag-pole. SL has been placed above previous LH. Projected Price Potential, TP1 and TP2 have been suitably marked on chart. No divergence on RSI has been observed confirming continuation of downtrend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.