AdamHong

AUDUSD:Bearish Three Drives Pattern

Short
AdamHong Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
The bearish Three Drives pattern is completing at about 0.744 levels.
Meanwhile the RSI has been divergent already.
So it may be good to sell at 0.744-0.745 levels when price action gives the signal in the PRZ.
SL:above 0.747
TP1:0.740
TP2:0.737 and further more
Comment:
TP1 reached.
Comment:
TP2 reached.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.