Short

AUDUSD Can We See Further Down Side ?

Updated

Hello trader :)

Here we are in 2022. Very happy to be here once again to start putting out analysis and forecast.
All my family is safe and sound and happy to include one more member in our family.

First post of 2022, lets get start with AUDUSD.

We can see after price made a strong bearish impulse down, price begin to fall into a correction.
It slowly move up correctively, but no bullish confirmation or impulse up.

Instead after the last 2 weeks of 2021, price seem to be developing within the larger correction,
and at the top of the structure, we have pattern with pattern, good signs of further bearish potential.

Since price is pushing down now, best way to capture a downside would be wait for the next impulse down,
out of the larger correction, and wait for smaller, lower time frame continuation to confirm the sell

thank you and happy new year to 2022 :)
Lets go !

Jojo

Note

price may make another move up
to the top of structure, before reversing
patience here.

Note

exit here for +1.4%
reversal impulse follow
by continuation on the LTF

Note

Out for +1.94%

jojofang0901

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