AUSUSD Resistance Sell Opportunity?? 1:13

Although I dont usually trade during sideways price action (this one isnt too bad), price as constantly made small moves bouncing off a major supply zone with no real demand zone. This creates a Decending triangle pattern which is why I have decided to enter the trade now. Of course this is just a pattern and that alone should not give me real reason to enter the trade, but the exponential moving averages failing to intersect on the MACD could result in continued downwards momentum

Trade geschlossen: Ziel wurde erreicht:

Lovely trade