AUDUSD 25/01
Updated
Selling AU from 0.71455
Daily Timeframe confluences:
- Break of bullish market structure, therefore looking for short opportunities only.
- Overall daily structure = bearish, due to recent LL created.
4H Timeframe confluences:
- EMA crossover indicating bearish momentum
- Break of ascending trendline with a perfect retest before downside seen.
- Break of 0.71455 support with retest
Holding short till 0.70500
Daily Timeframe confluences:
- Break of bullish market structure, therefore looking for short opportunities only.
- Overall daily structure = bearish, due to recent LL created.
4H Timeframe confluences:
- EMA crossover indicating bearish momentum
- Break of ascending trendline with a perfect retest before downside seen.
- Break of 0.71455 support with retest
Holding short till 0.70500
Trade closed: target reached
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