AUDUSD - low risk down trend trade
Bear flag (YELLOW) to Fib, Price & 50 EMA resistance. Excellent short position opportunity. Low risk.
Bear flag breaks and LONG uptrend right below it (BLUE) doesn't hold and at a minimum we have a wave C down to 0.7563 then possibly 0.7413 if this is a 5 wave structure move.
Bear flag breaks and LONG uptrend right below it (BLUE) doesn't hold and at a minimum we have a wave C down to 0.7563 then possibly 0.7413 if this is a 5 wave structure move.
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