Looking for a day trade on this over extended market. Wick rejections on the 4hr are indicating an exhaustion of bullish pressure. The 1hr confirms this with a bearish momentum candle. What i would like to see on the 5min timeframe is either a double top confirmation, or a break below the current 4hr support and a retest for a continuation down.
AUDUSDaudusdshortTrend Analysis

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