AUDUSD (H4) - Sell Stop

Oct 22, 2021

• AUDUSD has declined after RSI is above 70
• Main trend is still up, RSI is higher than 50
• Currently AUDUSD is located at the Fibonacci Retracements 61.8 (0.75095) area.
  
  
• Wait for the downtrend (possibly) to Sell
  
  
• Sell Stop 0.74459
  SL: 0.75164
  TP1: 0.74187
  TP2: 0.73631
  

Oct 23, 2021

Note

- AUDUSD (H4) has not reached the entry point.
- A new week will begin with a changing market sentiment.
- Cancel Sell Stop order with AUDUSD.