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NoCeilingsTrading
Mar 31, 2021 8:21 PM

Shorting AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

I was initially expecting a higher retracement, but due to the dollar being very strong at the moment, it was only a short retracement. I entered a sell position with a 30 pip Sl. The Monthly, Weekly and Daily are all showing bearish signs and a appears that price is ready to make the huge move of the Head and Shoulders pattern. I could be wrong, what's your opinion? Feel free to leave a comment, I am always curious to see how others view the chart.
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