Hi traders:
Here on AUDUSD, we are seeing an expansion of the pattern from my previous AUDUSD short idea.
Now we are seeing potential completion of this channel, and if we can see a clear continuation correction on the lower time frame, we can expect short term bearish move to the downside.
Higher time frame, same analysis, we have the double top pattern, looking for short term sell.
Wait for correction and enter the short.
Thank you
Here on AUDUSD, we are seeing an expansion of the pattern from my previous AUDUSD short idea.
Now we are seeing potential completion of this channel, and if we can see a clear continuation correction on the lower time frame, we can expect short term bearish move to the downside.
Higher time frame, same analysis, we have the double top pattern, looking for short term sell.
Wait for correction and enter the short.
Thank you
Note
Note
price broke down the lows of the channel impulsively, I will look to scale in for more short opportunities.
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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.
Related publications
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.