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ChristopherDownie

Technical Analysis : AUDUSD Longs into Shorts

Long
Australian Dollar / U.S. Dollar (EIGHTCAP:AUDUSD)  
ChristopherDownie Updated   
EIGHTCAP:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns AUDUSD Technical Analysis
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trendanalysis indicator chartpattern audusd technicalanalysis
Our oscillator is currently printing a price divergence indicating a possible move to the downside however price was very bullish for a long time and I dont see price just dumbing that fast. I am expecting a short term retracement back to the upside before price rejects back to the downside.

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1H price action outlook
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Technical entry outlook :
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Comment:
Trade is breaking through volumetric block with no rejection or buy signal. Very close to canceling this trade
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Trade active:
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Opened position
Trade closed: stop reached
C Nicholas Downie
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