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ThinkingAntsOk

AUD/USD Waiting for a Breakout by ThinkingAntsOk

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ThinkingAntsOk  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis aud USD AUDUSD short Bearish Patterns analysis setup
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trendanalysis supportandresistance mtfa aud usd audusd short bearish analysis setup
🔸 4H CHART EXPLANATION:
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🔸 Price bounced at the Resistance Zone.
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🔸 It has also broken the Ascending Trendline.
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🔸 It has been consolidating for some weeks. We are waiting for a clear breakout of the consolidation before taking any position.
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🔸 Will look for a lower timeframe setup.

🔸 WEEKLY CHART ANALYSIS:

snapshot

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