CAD/AUD Short - oversold and looking for reversal

8 thg 8, 2019

AUD is at a 10 year low and being reported on in the mainstream media.

This setup is looking for a reversal with a favorably skewed price target / stop loss.

Charts below include;

Monthly

• Top of the Bollinger Band
  
• RSI peak
  
• Regression trend
  

Weekly

• Balance of Power divergence
  
• Balance of Power downtrend
  

Daily

• Top of regression channel
  

Daily

• Oscilator price targets
  

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DISCLAIMER: this is not financial advice, trade at your own risk.
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