AUDUSD seems bearish yet

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AUDUSD

So in daily , audusd has touched a resistance zone which was also in the top of downtrend so price started falling .
now in 4h it's moving in a descending channel , so if the momentum decrease when it's getting close the orange zone , we may can go for a short position , there can be also good r/r and good place to put your sl .
wait for price action to the orange zone and if candles will look bullish and strong , forget about going short there .

what's your opinion ??

Feragatname

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