Fxprotrader
Short

AUDUSD: Sell Opportunity at Upper Parallel of Median Line

FX:AUDUSD   Australian Dollar / U.S. Dollar
403 views
19
403 0
Clearly in a downtrend price is moving into a valid slope which is represented by the downsloping modified schiff . A rejection at the upper paralell signals that price finds good resistance and most likey is going to continue dropping. In case it retests the upper parallel i am going short with sl and tp as shown at the chart.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out