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Chiguuu

AUDUSD Short into 0.74200

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
Chiguuu  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns AUDUSD audusdshort audusdanalysis audusdforecast audusdsignal audusdsell audusdidea audusdsetup audusdtrade
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trendanalysis chartpattern audusd audusdshort audusdanalysis audusdforecast audusdsignal audusdsell audusdidea audusdsetup audusdtrade
Confluences
1. Monthly/Weekly resistance
2.Weekly is rejected it and probably it will close rejecting it due to lower timeframe confluences
3. Daily -Went above then come back below, so, there is a high probability that most buyers is not interested anymore
4. Daily - Potential head and shoulders

Entry point - would be on next shoulder.

Scaling opportunity might come when it breaks the strong support

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