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TradingAfterCollege
Jun 28, 2020 3:40 AM

AUD/USD short Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD has been trading around a key level of support and resistance. I see a possible slight head and shoulder formation forming a triple top. Will be seeing how this pair reacts this week if it gets to that ray line correctively, ill be taking a short. If it impulses down creating a bear flag formation will be taking a short position. These are the two moves ill be looking for. Maybe with a possibility of a third trend line tap for a third entry possibility. Will be watching this throughout the week.
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