Trade Setup: AUD/USD – 8 Sep 2016

Trade Setup: AUD/USD – 8 Sep 2016

Candle Stick Pattern: Dark Cloud Cover at (1)
Confirmation:

Stochastic overbought range at (3), also confirming divergence at (2) & (3).
Touching outer band of Bollinger Band at (1).
Retesting the support of (4) at (1).

Signal: SELL
Entry Point: 0.7638
SL: 0.7733 (95 pips)
TP: 0.7481 …
#BollingerBand, #CandleStickPattern, #DarkCloudCover, #Divergence, #Stochastic
#TradeSetups

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