Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD SHORT Bullish Flag Broken

79
I am shorting AUDUSD for the following reasons:
It has broken a the ascending bullish flag it was on. [ I am expecting a retrace to the trend line for a good short]


* It is simple price action.

If the candle were to go up pass the trend line it would invalidate my trade activating my Stop Loss and would wait for a retest to go long.

Note
I was waiting for a retest to go long but it went back short retested it twice so i see AUDUSD falling

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