AUSUSD - Short

Atualizado
Engulfing & Shooting Star reversal candle on rising wedge

MACD Divergence + RSI divergence (not shown in chart)

Take profit levels and stop loss shown on chart.

Tip: set the TP levels a few pips higher.

Happy Trading!

Share your view
Trade ativo
Trade fechado: objetivo atingido
What happened?

Well, the setup was good but still the trade reversed quickly. So why?
From my analysis the ECB's interest rate decision was more dovish than expected cause the euro to strengthen via dollar selloff. This is currently happening across different currencies.
aususdChart PatternsEngulfing CandleengulfingpatternTechnical IndicatorsShooting StarshortTrend Analysis

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