Potential Sell Setup on AUDUSD
Looking at AudUsd, recent price action has been favoring the sellers when technically analyzing the charts. We've recently broken a Weekly Horizontal Level and continued with some bearish momentum.
I'll be waiting for price to come back to a Significant Pivot Point that includes a Weekly Horizontal Level and Non-Horizontal Resistance Level. The multiple levels of significance provide the setup with confluence, which helps validate the overall trade. Let's see if she could setup.
I'll be waiting for price to come back to a Significant Pivot Point that includes a Weekly Horizontal Level and Non-Horizontal Resistance Level. The multiple levels of significance provide the setup with confluence, which helps validate the overall trade. Let's see if she could setup.
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