Short on AUDUSD
Actualizado
Hi guys,
as you can see on the chart above, on this pair we're retesting a key structure level. In doing so, price has created a nice engulfing candle bigger than all the previous ones. This, together with the RSI Divergence (that you can see on the bottom) makes me think this could be the reversal beginning.
Stops owuld go above the highs, target1 at the retest of the lows, target2 around 0,76.
If you want to share your viewpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
as you can see on the chart above, on this pair we're retesting a key structure level. In doing so, price has created a nice engulfing candle bigger than all the previous ones. This, together with the RSI Divergence (that you can see on the bottom) makes me think this could be the reversal beginning.
Stops owuld go above the highs, target1 at the retest of the lows, target2 around 0,76.
If you want to share your viewpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Nota
You can also use 2618 as a reason for entry:Operación activa
Operación cerrada: objetivo alcanzado
First target hit! Stops at breakeven.Nota
Second Position:Nota
Stop moved to 1,7663Operación cerrada: objetivo alcanzado
Second target hit! Patience pays!
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