AUDUSD Sell due to rejection on Channel Top
AUDUSD got rejection at the top of the medium term Channel Down and closed on the MA50 (4h) on Friday.
This is negating a Golden Cross on the (4h) time frame.
Trading Plan:
1. Sell on the opening market price.
Targets:
1. 0.63300 (Support 1).
Tips:
1. The MACD (4h) is on the verge of a Sell Cross, the same kind after the previous two Lower Highs on the Channel.
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Notes:
Past trading plan:
This is negating a Golden Cross on the (4h) time frame.
Trading Plan:
1. Sell on the opening market price.
Targets:
1. 0.63300 (Support 1).
Tips:
1. The MACD (4h) is on the verge of a Sell Cross, the same kind after the previous two Lower Highs on the Channel.
Please like, follow and comment!!
Notes:
Past trading plan:
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