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Billy1993
Apr 17, 2019 9:29 AM

BEARS... AUDUSD... Short

Australian Dollar/U.S. DollarFXCM

Description

WE HAVE OVERSOLD STOCHASTIC AND REVERSAL DIVERGENCE IN PLAY ON THE D1...
WE CAN SEE PRICE HAS REJECTED OUR RESISTANCE LEVEL AT 0.17974 WITH MULTIPLY TOUCHES...
I PERSONALLY WOULD WAIT FOR MORE CONFORMATION TO SHORT THIS PAIR...
I.E. LOWER HIGHS AND LOWER LOWS OR DOUBLE TOP LIKE WE HAVE SEEN IN THE PAST AT 18-12-18 & 17-01-19..

GOOD LUCK AND ALWAYS RISK MANAGE..
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