Just spotted a little double top on the AUDUSD 15 minute chart. It's topped a resistance line in the larger bearish move.
Wait for a .618 retrace on the current pull down, then set target for 1.272 fib extension of A-B for the win!
Wait for a .618 retrace on the current pull down, then set target for 1.272 fib extension of A-B for the win!
Comment:
.618 retrace just hit on the second top. Sell order taken. Looking for the 1.272 extension target. Place stops above 0.74333
Comment:
Lovely bearish divergent on this RSI.
Trade closed: stop reached
