 |
| AUD/USD Hourly |
This is my favourite pattern, we have AO divergence, a bearish divergent bar (bdb) at resistance and if you put the alligator, we have a nice angulation, but i rarely look at this. I prefer support/resistance.
Sell at 1.0360, Stop loss would be just one tick above the bdb high 1.0381, only 21 pips risk (tight stop)
Closed half of my position at 1.0330 for a 30 pips profit and closed the remaining at 1.0300, a 60 pips profit..
All you need is AO divergence.. :)
No comments:
Post a Comment