marco1111

audusd setting up for short

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
4
the only reason not to be so fired up about this trade is that price is in consolidation channel and it could break either ways so i would wait for a lower low lower close candle to confirm short .my analysis tells that we might see a continuation to the 4 h bearish trend and this is the point to look for a trend continuation opportunity

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.