FX:AUDUSD   Australian Dollar / U.S. Dollar
338 10 9
ENTRY:0.76300
SL:0.76560
TP:0.75000
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i wouldn´t short now.
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Sam0101 logartbtc
why not
+1 Reply
Everyone should make the best choice for themselves.
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logartbtc FUNTRADER-Vera
i can see why you shorted it, you saw that divergence but in my opinion is not going to break that redline support there yet, i think it could go higher. But well donne good scalp.
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thank you.
but the divergence is not only happen in 15min, but also day chart and 4h chart.
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logartbtc FUNTRADER-Vera
yeah i kinda see the daily one with the RSI not with the MACD. cant see the 4 hr one... What i mean is that it could form an accending wedge, the pattern is already almost formed.
snapshot
So my opinion if it doesn´t break the wedge to the downside it could still touch the resistance of the wedge 1 more time and then that would be a good spot to short it.
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thank you for sharing.
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logartbtc FUNTRADER-Vera
Hey Funtrader, this is what i told you it would happen
snapshot
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logartbtc logartbtc
That's why i told you to wait for the wedge breakdown :D
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logartbtc logartbtc
Cause is a much more profitable trade when it breaks
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