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Bullandbeartrading

AUD/USD Trade Idea

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Bullandbeartrading  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD short countertrendline Forex swingtrader
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trendanalysis chartpattern indicator audusd short countertrendline forex swingtrader
Hello and welcome to my Trade Idea of the currency pair AUD/USD.

Lets start with the Top Down Analysis.


Weekly: The weekly timeframe is in a beautiful downtrend with a lot of lower lows (L.L).


Daily: On daily we see its bearish too.


H2: On the H2 timeframe we draw the counter trendline and wait for a confirmed breakout. We expect a push to the lows.


Have a nice day.
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