AUDUSD is in a bearish trend, looking to continue in that direction. Market is on a newly formed LH looking to go creat another new LL.
Inside a triangle set-up that might break on the down side.
It just complicated a new HL, set up shows a high possibility of a downward movement.
Retest on resistant forming a new LH. Retest confirmation is by a triangle on the resistant area, a break of the triange would confirm our SELL.
Triangle break confirmation to the downside (15min timeframe).
Price has reached resistant trendline, looking to make its way down to the supporting trandline. Price failed to break the last high previously, hence we are looking for a break on support which will confirm our SELL.
Just broke a trend, and formed a 'ABCDE' setup which highly indicators a downwards movement. Look to go short, target 0.87388.
Just broken a trend in a downwards channel, indicating that it will continue going further downwards. Look to take profit around 0.87388
Formation of a falling wedge👌. Take profile is around 15751.72
Break of structure, below a level which was a previous support that now is a new resistant. Pattern formation represents a reversal pattern which will sell until the level 0.76488.
Flag pattern above support, price will look to test the above trendline resistant at around 0,67238.