TradingView
barry_fxtrader
4 Feb 2016 pukul 07.19

Potential AUDUSD Short  Singkat

Australian Dollar/U.S. DollarFXCM

Huraian

So I know there are a lot of people jumping on the bandwagon for AUDUSD Shorts but as you can see that Aussie broke below the daily/4 hourly triangle and is retesting. This is also confluent with important fib levels.

As you can also see there is RSI Divergence on the 4 hour chart. This is used additional confluence.

I would have stops above 0.7250 and targets at around 0.6900

There is a nice risk reward profile for this trade setup.

Remember this is just my outlook on things!

Happy trading!
Lebih