OceanBlue

AUDUSD minor bearish wave (m15)

Short
OceanBlue Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
A nice minor WW was formed at m15 time frame.

It is being supported by both RSI divergence and significant volume rise at point 5 (unfortunately, can see this only on my platform, not at Oanda).

Entered shorts now at 0.79269 SL 0.79960 and then will be placed behind the local* peak.

Gl All!

Trade closed manually:
Closed after the price didn't manage to breakthrough line 2-4 and bounced back to the top of previous peak (point 5).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.