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MC_Mike_Trading
Sep 11, 2020 12:14 AM

AU Short

AUD/USDOANDA

Description

TF: 4 Hr

Looks like AU may continue to sell from here

Comment

Priced moved higher, a retest and hold here would invalidate the idea and a drop below the formation would be bearish (agreeing with the idea). One thing to consider is price made an interesting inverse H and S pattern and is currently testing it..

Comment

Price has somewhat consolidated and held in the same area, I think overall we will see downside but AU has been playing the manipulation game to a T

Comment

really solid impulsive drop on the current move

Comment

Looking for a retest on the broken trend line to enter short

Comment


Price looks to broken back in the trend line. I am bearish though, not looking to re-enter short quite yet with NFP tomorrow.
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