AUDUSD - Divergences
Though AUDUSD is still in the down channel it's started to form divergences.
Price dropped below 0,71 but was not able to tag the channel's bottom. I'm afraid it can't drop to 0,7 so I'm starting an initial position (50%) . If it drops to 0,7 I will add the other 50% if not I just trade the bounce with a 50% margin impact.
Price dropped below 0,71 but was not able to tag the channel's bottom. I'm afraid it can't drop to 0,7 so I'm starting an initial position (50%) . If it drops to 0,7 I will add the other 50% if not I just trade the bounce with a 50% margin impact.
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