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
