AUDUSD 4H

88
AUDUSD
The pair made a high of 0.7538. After that till date pair made multiple attempt's but didn't break that previous high.
Shooting Star on Daily
Hanging Man on 4H
Triangle pattern on top
Bearish Divergence
It may retrace to 0.38 and 0.50 fib level before any upside move.
Short position with stop loss of its High (0.7850) is recommended. High Reward Low Risk.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.