AUDUSD short
- Stoch bearish divergence forming
- time to retrace to fib
- 2 lower high's already made, expecting a 3rd one
- still hasn't broken the trend line
best to sell after validation of a bearish candlestick price action ( confirmation that our trend is still valid)
I post my idea's as a practice for myself to be able to go back to and see what i have done right or wrong, please do not take my idea's as a signal.
- time to retrace to fib
- 2 lower high's already made, expecting a 3rd one
- still hasn't broken the trend line
best to sell after validation of a bearish candlestick price action ( confirmation that our trend is still valid)
I post my idea's as a practice for myself to be able to go back to and see what i have done right or wrong, please do not take my idea's as a signal.
Note
Booked 20% profit, the rest is running
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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.