AUDUSD RESPECTING CHANNEL THEN EXPECTED DROP.

As we can see the market is respecting the CHANNEL and TRENDLINE, will do so till the "4 hours resistance" (0.72280),then we expect for price to drop and break the "4 hours support" (0.71200) and go at the "daily support" (0.70455).Then I think that the market is going to retest the TRENDLINE.If this happens,there will be another good oportunity to sell.In my opinion it will break the "daily resistance and will drop till the "weekly resistance" (0.68400),where we expect the price to bounce.So by this analysis i think that it is a good oportunity to sell.
SELL @(0.72150)
SL @(0.72750) - 60 pips.
TP1 @(0.71200) +15 pips.
TP2 @(0.70450) + 75 pips.
TP3 @(0.68400) + 205 pips.
Good luck and have fun :).'