AUDUSD possible sell W7

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD coming from a 4H uptrend then ranging for a few days is looking bearish.
Some price key points to look out for:
  • There is a failed double bottom which trapped a lot of buyers
  • Lookout for a deep pullback (there is an unfilled Fair Value Gap)
  • Filling the FVG can act as a third leg to our ABCD (1 2 3 4) pattern

Overall this sell is very nice but be careful because this breakout was influenced by NFP

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