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Australian Dollar / U.S. Dollar
Short

AUD USD SHORT

By Kain3e
AUD/USD Has recently had a lot of manipulation price has currently rejected the zone of 0.7100 and closed beneath I believe it's time to fall to the down side. price has currently completed a lower high on the higher timeframes with a clean Trendline rejection including more patterns. I can see price going to the Trendline and the Resistance for one more retest then fail to break above, this will confirm a Lower high on the smaller timeframes and also a lovely Head and Shoulders pattern, currently waiting for confirmations then I will be looking for a set up roughly 100-200 pips to the downside.

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Thanks, Kain3e
confirmationconfluencepsychologicalSupport and ResistanceTrend AnalysisTrend Lineswhole
Kain3e

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