AUDUSD POTENTIAL SHORT OPPORTUNITY

Güncellendi
Hello Everyone!

How are you all?

AudUsd is a pair to watch this week, because it is shaping up very nicely for a trend reversal that we can capitalize on.

So, I will be looking for a short because of the following reasons:

1. The overall trend is bearish

2. Potential Double Tops.

3. The price is approaching the value area.

Game Plan:

If the price comes to the VA - 0.69 price level, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a flag with two highs and lows.

Entry : will look for a risk sell entry within the flag.

Yorum
The price has come to the value area, awaiting a bearish impulse.
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Chart PatternsMultiple Time Frame AnalysisTrend Analysis

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