TheVortexTrader

AUD/USD 1-Hour OrderBlock And 15-Min Divergence

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
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!
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