AUDUSD - Reaching Reversal Area - Ready to Sell
Hi Traders!
The market was moving upwards and now it reached the reversal area.
Like on 12th September the market will maybe range and then break out downwards.
As you can see the 50MA is away too and that is a sign of a potential reverse.
Furthermore, the stochastic is overbought.
We recommend to sell the market with a valid reversal pattern! RRW: 1 to 2.8!
Thanks and good luck :)!
The market was moving upwards and now it reached the reversal area.
Like on 12th September the market will maybe range and then break out downwards.
As you can see the 50MA is away too and that is a sign of a potential reverse.
Furthermore, the stochastic is overbought.
We recommend to sell the market with a valid reversal pattern! RRW: 1 to 2.8!
Thanks and good luck :)!
Trade active:
Ok Traders!
Thats a good point to enter the trade! We have a nice doji reversal pattern!
Good luck everyone :)!
Thats a good point to enter the trade! We have a nice doji reversal pattern!
Good luck everyone :)!