fxmchenry

AUDUSD Short Midterm or longterm

Short
fxmchenry Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Expecting a retest at this Lower High region 0.72500 before seeing a bullish breakout for a bullish continuation of price to complete the heads and shoulders target But if price breaks through, ill be expecting a drop back to the previous low 0.7100
Comment:
We are heading To our bullish entry point soon. If you took the short trade start taking profits and prepare for the the bullish inlets
Comment:
We got a breakout of the trendline and a pullback to the now resistance zone, thereby validating a longer term bearish look.

will be looking to sell the breakout
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.