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SesingThatoTiido

AUDUSD taking a nose dive after hitting Resistance.

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
SesingThatoTiido  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
3
0
trendanalysis chartpattern waveanalysis
After following a downward trend ever since(26 Jan '18. 19:00) where price hit a level of Resistance and formed a Bearish reversal candle. The down-trending market is evident from the LH's and LL's price made ever since (26 Jan '18.19:00)

The SELL signal is derived after price hit the Resistance of the upward trendline in a downward channel and formed another bearish-reversal candle then price preceded to make LH's and LL's.

PREDICTION CONCLUSION:
SL:0.73028
TP:0.70243
RISK/REWARD RATIO:1:65
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