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AdamHong
Nov 23, 2016 8:37 AM

AUDUSD:Bearish Three Drives Pattern Short

Australian Dollar/U.S. DollarFXCM

Description

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.
More