AUD/USD SHORT & Attack for new bottom

FX:AUDUSD   Australian Dollar / U.S. Dollar
450 10
AUD/USD is moving in bearish channel , so we expect to see new bottom very soon, but first we must see some correction up, the first option for sell is "y", the second and strong option is "x". So we will see what will be the next move of the bears. Follow our analysis on
I think the trend now is bullish
Dont think, just enter...what a rally!
Reply Chartreader
Yeah, but the gap will not be filled i think :)
The trend confirmation will come soon. Waiting to enter again.
AncientM Chartreader
I am long at 0.91933
It is possible to see huge correction up, but "X" is good for short. We will see next month.
Although it was looking to go up, finally the new low formation is on the way...
AncientM AncientM
Market opened with a bullish move and going towards X....
I was expecting bullish move and a double bottom is also formed for the 4 hr chart...what you would say? your chart is also fine as per the drawing...
Reply Chartreader
It is good level for buy longterm, but the trend is bearish yet.
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