Today afther 23:30 EST when the RBA publish the monetary policy, look if the today session keeps under 0.8473 for a bearish pattern in 4h (minimum 1h) to start a sell trying to take advantage of this resistance in conjunction with a momentum bearish divergence, the first target could be around 0.83 (and SL at break even at this point), the next @ 0.817, and if breaks below, even when is expected a pullback around this zone, perhaps strong, the trend is very likely to remain bearish so you can persist bearish with a small amount of the original position.
Comments
7pasos
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Just worked the first part of the trade but some thing is better than nothing!
7pasos
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As far as now, every thing looks good, first target was reached and now with a break even position we still with an opportunity to extract more from the market I think there shouldn't remain open more than a half of the original position.