AUDUSD SHORT

Updated
SHORT WITHIN THE HIGHLIGHTED REGION- SL- 0.79252 - TP- 0.76977

REASON FOR THE TRADE (TECHNICALLY):

1) DESCENDING TREND LINE
2) SUPPORT TURNED RESISTANCE
3) RESISTANCE
2) RSI ALREADY OVERBOUGHT ON THE DAILY
3) RISING WEDGE

GOOD LUCK.
Trade active
Note
WOW WHAT A WEEK! STOPPED OUT OF ONE OF MY EURUSD TRADE. BUT MY AUDUSD TRADE IS PUTTING UP A FIGHT! STILL EXPECTING A REVERSAL ON THIS PAIR.
Trade closed: stop reached
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer