Hello,
After a short uptrend, AUDUSD reversed with a bearish divergence.
This divergence is corrected now, but the pair gained a bearish momentum. I expect a stronger reversal. (Short time EMA are about to cross)
For this trade we will use the previous high as a stop (if broken, it will mean the uptrend continues).
SELL : Now
BUY : Blue zone (0.695 level)
STOP : 0.716
Risk/reward : 3
Trade safe, manage your risks.
After a short uptrend, AUDUSD reversed with a bearish divergence.
This divergence is corrected now, but the pair gained a bearish momentum. I expect a stronger reversal. (Short time EMA are about to cross)
For this trade we will use the previous high as a stop (if broken, it will mean the uptrend continues).
SELL : Now
BUY : Blue zone (0.695 level)
STOP : 0.716
Risk/reward : 3
Trade safe, manage your risks.
Trade active
Trade closed: stop reached:
Weak USD :)
Trade active:
Bulls are exhausted
Order cancelled
- Breaking 0.71 level
- Breaking 0.705