GreenpointFX

Is The AUDUSD Due for a Correction?

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
You will need to scroll your chart back to 2018 to see some level of structure on the daily chart .

With this pair having in an uptrend recently, and Stochastic and RSI both out of overbought zones I think we are likely to see a correction on this pair.

Short Positions at market
Stop loss 0.7838
Take Profit: 0.7497

Comments

just did the opposite of you guys. lol
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GreenpointFX luisatapia
@luisatapia, Lol good luck you maybe correct. In the end no one can predict any one trade with 100% accuracy we are good so long as we follow a proven trading system with an edge in the market.
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luisatapia GreenpointFX
@GreenpointFX, Thanks. :)
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Yess i agree and already holding a sell. How about you?
Reply
GreenpointFX TheSignalyst
@TheSignalyst, Thanks goodluck. Just opened sell now.
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