AUDUSD Declining hard after a Double Top. Short
AUSTRALIAN DOLLAR / U.S. DOLLARICE
Description
⋅ AUDUSD is on the 4th red (1d) candle in a row, following the Double Top rejection near Resistance 1 (0.69000).
Trading Plan:
1. Sell on the current market price.
2. Sell if a (1d) candle closes under the Rising Support.
Targets:
1. 0.66750 (contact with Rising Support).
2. 0.66000 (Support 1).
Tips:
1. The RSI (1d), is on the MA trend line. If broken, it will be a sell continuation signal.
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Notes:
Past trading plan: