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MoolahMaker

AUDUSD - Short Opportunity

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
MoolahMaker Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Technical Indicators Beyond Technical Analysis Chart Patterns AUDUSD audusdshort audusdforecast audusdsignal audusdsell audusdanalysis audusd_short audusd4hr audusdidea
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indicator beyondta chartpattern audusd audusdshort audusdforecast audusdsignal audusdsell audusdanalysis audusd_short audusd4hr audusdidea
AUDUSD is currently bearish on the 4H and we can expect it to fall further as the current consolidation zone does not seem to be strong enough.

Place your SL anywhere near the last high and short until the trend shows strong support and reversal.

Trade safe.
Comment:
Simply a high test for a push further down.

If prices hold high and can't go back down, then we should be alerted.
Order cancelled
Comment:
Again, the signals I post does not mean you must catch them directly. It's simply a forecast of what we can expect to happen next given the confirmation (High tests). In this pair, the first high test looked good but it wasn't yet time to short it. As we can see, on the next candles, prices weren't able to hold down, thus canceling the move.
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