Here's a setup to sell signs of weakness at the top of the channel (where it should turn from bullish to bearish). It also coincides with a two fibonacci levels (which adds strength to the idea). Looking for bearish signs to enter (i.e. decent sized down bar with a low close, or a pin bar, or any other candlestick patterns).
Thank you for sharing the analysis, from here I learned and then observed price history that the parallel channel method is very effective in using the AUDUSD pair. Unlike other pairs that rely on the breakout and rebound method
kosai19
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@DNP-FX, you're welcome... and thanks for the coins :)