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FxMandla
May 29, 2018 6:07 PM

AUDUSD Potential Short Opportunity Short

Australian Dollar/U.S. DollarFXCM

Description

Waiting for deep pullback around 0.7650's levels which we have a confluence of fibonacci 1.414 extension,0.618 retracement,AB=CD pattern and major structure on the higher time-frame.If price does eventually get to those structure levels then the last thing to look out for is a double-top and a lower-low lower-close with a bearish divergence for an entry in this potential short position.
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