There is a pattern on M15 and M30; this trade is with the H4 trend and should fall to the bottom as it is the start of the week, and markets tend to weaken when the week starts. Stop loss should be 30 pips with a target of 50-60. This is a quick trade as there is a lot of support below, and it should strengthen after falling.
AUDUSD stabilizing above 0.6606 will support rising to touch 0.6640 then 0.6694 then 0.6724 stabilizing under 0.6542 will support falling to touch 0.6501 and then 0.6469 The movement will be between 0.6602 and 0.6542 Resistance prices: 0.6640 & 0.6694 & 0.6724 Support prices: 0.6501 & 0.6469 & 0.6440 tendency: bearish timeframe:4H
AUDUSD stabilizing above 0.6606 will support rising to touch 0.6640 then 0.6694 then 0.6724 stabilizing under 0.6606 will support falling to touch 0.6542 and then 0.6501 the condition is closing 4h candle under 0.6606 Pivot Price: 0.6606 Resistance prices: 0.6640 & 0.6694 & 0.6724 Support prices: 0.6542 & 0.6501 & 0.6469 tendency: bearish timeframe:4H
After breakout the small trend we can go short and we will close at :- 1- 0.78735 2- 0.78410 3- 0.78114