FX:AUDUSD Australian Dollar/U.S. Dollar
Price has reached resistance (red area) and is signalling weakness. is making lower highs while price is making higher highs = divergence. It could mean that price will turn downside. If it falls down and continue moving down, it would form a pattern at point D. That would be the entry point for this trade. Entry point also stands on a rising so it gives another reason to potentially take this trade. On the other hand if the price is to move through the and close below it that could mean that price won´t bounce upwards, but will instead move further down.