AU is approaching a good Sell Zone
Updated
Confluences:
-Downward channel
-Price will be near a zone
-Will look for continuation and a lower high being formed before entering on the 30 min or 1 hour candle
-the dollar will still be strong for at least a week or two (as seen from the dxy) so my bias will be short for swing trades like this.
I will keep this updated if and when ill take a trade
-Downward channel
-Price will be near a zone
-Will look for continuation and a lower high being formed before entering on the 30 min or 1 hour candle
-the dollar will still be strong for at least a week or two (as seen from the dxy) so my bias will be short for swing trades like this.
I will keep this updated if and when ill take a trade
Trade active
Placed a sell stop at 0.77146, with a stop loss at 0.77476 and take profit at 0.76146
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