4H Correction/Flag for continuation lower? Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Sep 28, 2022 7:42 AM

AUD/USD has continued to drop heavily this week.
However, before entry we would still like to see a larger correction.

Wait for a larger correction, nice rejection on the third touch, and a 15M engulfing candle for entry.

Trend Analysis