AUDUSD 4H GUMBO SOUP SHORT TRADE

Updated
Pair was in an ascending channel
channel breakout into consolidation
range bound consolidation
range breakout for bearish ENTRY
take profit previous support
watch Macd for bearish confirmation and direction
Comment
Buy Stop has been hit
Macd below 0 level line and macd red line - bearish bias
snapshot
Comment
Pair is beginning it's bearish move
snapshot
Ascending ChannelAUDUSDchannelbreakChart PatternsrangeboundrangebreakoutsellstoptakeprofitTrend Analysis

Disclaimer