IM EXPECTING A SHORT UJ BASED OFF THE M1 BEARISH PIN BAR OFF RESISTANCE LEVEL. PREVIOUS MONTH JULY DID NOT MAANGE TO CLOSE ABOVE THE PIN BUT DID SPIKED BELOW. SHOWING WILLINGNESS FOR CLOSE TO CONTINUE LOWER.
W1 RSI DIVERGENCE @ OVERBOUGHT LEVELS. WILL SEE D1 FOR BEARISH SIGNAL.
PREVIOUS I POSTED AN AUDNZD IDEA ALMOST SIMILAR TO THIS SETUP. WORKED OUT WELL FOR THOSE WHO FOLLOWED ME.
D1 SORRY PLEASE IGNORE THE 126 SMA. ITS FOR MY OWN REFERENCE. IF YOU KNOW WHAT IT IS FOR, IT SHOWS YOU ARE AN EXPERIENCED TRADER :)
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