Opportunity to sell AUD/USD (explained in details)
Обновлено
Explain the opportunity in daily chart :
- Price test 61.8% Fibo level
- Touch and fall from the BB upper band
- Clear divergence in RSI
- Formed IB
How to enter the trade and how to risk management and take profit :
- Sell stop order below mother bar (green line)
- Stop loss level above mother bar (orange line)
- 1st TP near (black line) then to free risk the trade and to hunt other levels
Opportunity will be invalid if price failed to brake below the IB
Good Luck
- Price test 61.8% Fibo level
- Touch and fall from the BB upper band
- Clear divergence in RSI
- Formed IB
How to enter the trade and how to risk management and take profit :
- Sell stop order below mother bar (green line)
- Stop loss level above mother bar (orange line)
- 1st TP near (black line) then to free risk the trade and to hunt other levels
Opportunity will be invalid if price failed to brake below the IB
Good Luck
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