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UnknownUnicorn3744140
Mar 3, 2019 12:38 PM

Eur/Aud Sell on Hourly Short

Euro Fx/Australian DollarFXCM

Description

Eur/Aud showing continuation of uptrend... except it looks like the bulls are losing power on the hourly chart. MACD is showing strong divergance. This means that price shows higher highs but indicators such as MACD, RSI, Elders Force Index show lower lows. DMI is also showing that the bears are about to take power. I will wait to enter once DMI crosses and ADX is a little higher for more movement
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