Bearish Patterns Everywhere, wait for the next one to form

AUDUSD sellers had a great time last week. It gave us multiple opportunities to sell and make 100+ pips gain on each sell trade.
Right now, AUDUSD might be in the process of forming another Bearish Pattern on the hourly chart.
When that happens, sellers will strike again and target the 0.5870 level.
Right now, AUDUSD might be in the process of forming another Bearish Pattern on the hourly chart.
When that happens, sellers will strike again and target the 0.5870 level.
Trade active
Sell entry at 0.6035 with SL: 0.6110Disclaimer
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.
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.