AUD/USD short opportunity
Oscillating down-trend market
+3 S/R touches
MACD divergence
Phase: Pullback
Decreasing momentum + bearish candlestick
More than 1:1 win ratio (TP based on 50 EMA resistance) Since the 50 EMA is a Exponential MOVING average, you have to update the TP every day. Check my setup updates !
IF THE ENTRY ORDER HASN'T TRIGGERED UNTIL THE NEW DAILY CANDLE OCCURS, REMOVE IT !
+3 S/R touches
MACD divergence
Phase: Pullback
Decreasing momentum + bearish candlestick
More than 1:1 win ratio (TP based on 50 EMA resistance) Since the 50 EMA is a Exponential MOVING average, you have to update the TP every day. Check my setup updates !
IF THE ENTRY ORDER HASN'T TRIGGERED UNTIL THE NEW DAILY CANDLE OCCURS, REMOVE IT !
Order cancelled
Note
Check my other AUD/USD setup, i posted this with wrong discription.
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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.