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MountOlympusFx

AUDUSD SELL: Weekly, Daily & 4hr.

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
MountOlympusFx Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD Forex
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trendanalysis harmonicpatterns chartpattern audusd forex
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AUDUSD Short Thesis
- On the weekly timeframe price tired to break through 0.7150 monthly but rejected off & closed below forming lower highs.

- On the daily fridays candle closed as a shooting star breaking through 0.7105 signalling bear strength.

- Both daily & weekly moving averages are bearish.

- Now waiting for retest of 0.7105 & ascending trendline after the break. Next target for AU 0.7000
Trade active
Trade closed manually:
+15pips
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