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Euro / Australian Dollar
Short

EUR/AUD SHORT

By CreativeMillennialInv
I waited patiently for Price to Reach the Top of the Trend Line Channel. Once it reached the top i realized the Highs on the MACD were higher than the Last Swing High (Hidden Divergence). Momentum started pushing towards the Down Side. I placed a Sell Stop at 1.65074 and set the Stop Loss at the bottom of the last Demand Zone.
dailyanalysiseuraudanalysishiddendivergencemacddivergenceOscillatorsSupply and DemandswingtradeTechnical AnalysisTrend Lines
CreativeMillennialInv

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