Hi Traders,
Having a look at AUD/USD
We can the channel that the 1-Hour is in at the moment. This channel is trending upwards.
We also have an Order-block zone highlighted in yellow.
On the 15-Min view, we also have divergence across the two peaks which could be forming a potential Double-top with divergence in the MACD
This is a good area to go short
I am monitoring this and have entered into a short position.
See you all on the next one!
Having a look at AUD/USD
We can the channel that the 1-Hour is in at the moment. This channel is trending upwards.
We also have an Order-block zone highlighted in yellow.
On the 15-Min view, we also have divergence across the two peaks which could be forming a potential Double-top with divergence in the MACD
This is a good area to go short
I am monitoring this and have entered into a short position.
See you all on the next one!