AUD/USD short
Hello Traders,
I'm looking to be short pretty soon. The situation is that we have all signals and structure to expect this to go down. I will attach daily chart to this idea to show the main reason why I think it will go down. As usually divergence and oversold RSI are only confirmation to watch for the move down. I need price to make couple more confirmation moves before I get involved. We also happen to have butterfly on the daily time frame. Lets get some great profit here =) However as good as it sounds don't jump the gun (i usually tell this myself as well ;-)))
I'm looking to be short pretty soon. The situation is that we have all signals and structure to expect this to go down. I will attach daily chart to this idea to show the main reason why I think it will go down. As usually divergence and oversold RSI are only confirmation to watch for the move down. I need price to make couple more confirmation moves before I get involved. We also happen to have butterfly on the daily time frame. Lets get some great profit here =) However as good as it sounds don't jump the gun (i usually tell this myself as well ;-)))
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Looks like we are going down now =) Double rejection.Note
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Looks like now it's making a flag to go up. Keep watching this oneNote
The drop expected soon =)Note
Important level, if brakes down we can expect more move down. Move your stops, nice profit for now
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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.