AUDUSD: Expecting Pullback

15 sept. 2019

after a very strong bullish impulse from 0.67 level,
buyers finally started closing their position and we see that the momentum is slowing down.
price is currently coiling within a rising parallel channel with clear RSI divergence.

I will be waiting for a bearish breakout of a channel to short the pair.
Stop will be above the highest point of the channel.

T1 - 0.6825
T2 - 0.6785

16 sept. 2019

Note

Market is still within the channel

17 sept. 2019

Note

Almost hit the target!