Aud/Usd ( A Big Sell)

2019-11-04 08:35:30

Technically we do not have a signal to sell according to candlestick analysis. If you sold this right now , the only evidence that you have to support the sell is that price is below the 200 day moving average , finished a big push up and stalled out ... and that it is at a level of resistance! HOWEVER, I See this as a big sell on the daily chart that will have pullbacks and fall more!
In order to enter safely , please enter on a moving average crossover on Hour 1 of the 10 and 20 Simple Moving Averages!

There is also hour 4 RSI Divergence as well! Please check out the areas where profits were taken in the past and look where price is now! I highlighted them on the chart!