Price broke at 1.06333 after a failed attempt twice. Now we wait for a retest as a confirmation to take the trade. We are looking at a 126 pip on this trade. Goodluck guys!!!
With over 5 confirmations based on bearish flag pattern, hidden divergence and head/shoulder we could see the AUDUSD drop to form the right shoulder perfectly. We are looking at about a 100-150 pips on this trade if it plays out according to our plan.