AUDUSD - SHORT
Double top reversal pattern started this descending channel.
Waiting for a bearish candle to form to confirm a push to a lower low. Price could be making its way to the daily trendline I have put that trendline in black on the chart to show
where the channel could be headed.
Waiting for a bearish candle to form to confirm a push to a lower low. Price could be making its way to the daily trendline I have put that trendline in black on the chart to show
where the channel could be headed.
Note
Bearish candle has formed but is experiencing extreme pushback from furthering developing. I would like to see this bearish candle break the previous lows before entering short.
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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.