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Australian Dollar / U.S. Dollar
Updated

AUDUSD

56
Potential short. RSI Divergence, wave trend oscillator indicator, potential double top at an area of daily structure.

My entry will be engulfing candle at this area.
Note
snapshot
Note
Unfortunately close above the wick of the previous highest candle invalidates double top.

snapshot
Note
Didn't enter because of the invalid double top however, an aggressive entry could have been based on the engulfing candle. Would've been a nice trade

snapshot
ollyt33
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
ollyt33
Also on:

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.