PriceActionTrading

AUDUSD SIMILAR REJECTION OF KEY LEVEL

FX:AUDUSD   Australian Dollar/U.S. Dollar
150 0 12
SIMILAR TO MY AUDJPY             USDCAD             IDEAS.
REJECTION OF KEY LEVEL.
TRADE WITH CONFIRMATION AND WITH CAUTION.
ONE DRAWBACK ABOUT THIS TRADE IS THAT EVEN THOUGH THERE IS A 100 PIPS REJECTION BAR FORMED ON THE D1.
IT STILL DID CLOSE 6 PIPS ABOVE 0.8000.
IT WOULD BE IDEAL IF I CLOSED BELOW 0.8000.

H4 RSI DIVERGENCE
REJECTION BAR


H4 RSI DIVERGENCE
snapshot


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