AUDACD has a nice Upward channel formation here for the last month.
Indicators:
1. Weekly Stochastic RSI in sell zone
2. Daily Stochastic RSI about ready to be in sell zone.
3. Smaller time frames all in sell zone.
Entry:
1. Current price area of 0.9670
2. Top of channel at 0.9700 area
TP 1: 0.9600
TP 2: 0.9500
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Indicators:
1. Weekly Stochastic RSI in sell zone
2. Daily Stochastic RSI about ready to be in sell zone.
3. Smaller time frames all in sell zone.
Entry:
1. Current price area of 0.9670
2. Top of channel at 0.9700 area
TP 1: 0.9600
TP 2: 0.9500
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Good luck!