Theo_k88

AUDUSD FLAG BREAKOUT AND RETEST

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD will likely follow it's downtrend.
We can see a double top (1h timeframe) after the breakout @ 0.618 fib. retracement. Target 1 at previous local support and target 2 @ 1.618 fib. extension.
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.