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VasilyTrader
Apr 18, 2019 9:41 AM

Sell the breakout of a rising channel Short

Australian Dollar/U.S. DollarFXCM

Description



Aud usd has reached a significant level of resistance 0.72
Looking left we see that this level was strongly rejected by bears.
RSI shows clear divergence.
+ check daily chart, there is a nice dodji candle around 0.72 zone.

Sell the breakout of a channel:
T1 - 0.712
T2 - 0.706

Please, check my signature and related ideas!

Comment

Market is going down
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