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jojofang0901

AUDUSD Look for bearish continuation

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
jojofang0901 Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns Flag Parallel Channel priceaction structure pattern impulse correction Wedge
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chartpattern flagpattern parallelchannel priceaction structure pattern impulse correction wedgepattern

Hello traders:

Paying close attention to AUDUSD for the sell setups.

We see price has reached to the top of the HTF wedge structure, and a strong reversal impulse to push the price down.

Naturally after a strong impulse phrase, the market will be correcting, and we are seeing exactly that.

I would wait for this LTF correction to complete, and look for the sell entry down to the previous lows as a first TP, then look for further bearish price action to sell.

Thank you
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