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UnknownUnicorn157482

Divergence with MACD in AUDUSD 4h

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
UnknownUnicorn157482  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD Technical Analysis Divergence rookie
4
0
trendanalysis chartpattern indicator audusd technicalanalysis divergence rookie
Divergence between the price of the AUDUSD and the MACD indicator near the Resistance at 0.73500. If it's rejected again, I think the price will look for the 200 period MA.

My strategy:
Risk/Profit Ratio: 1:5
  • SELL STOP 0.73500
  • TP 0.72500
  • SL 0.73700
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