AUDUSD Short Play
RSI is showing bearish divergence after a break above 1.40 psych resistance during last night's Asian session. Went short at 1.04073 with a 20 pip stop (above the recent high). I don't trade with profit targets, instead waiting for the trade to be invalidated based on the Ichimoku system. Additional shorts will be taken with candle close below kumo. EDIT: stopped out above drawn resistance line.
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.