AUD/USD: Downpath clear now that we tested the broken triangle?

FX:AUDUSD   Australian Dollar / U.S. Dollar
89 0 6
Daily chart on the left: Triangle broken, re-tested today, now on to new lows...? Just a thought...

4H chart on the right: Bearish 3 drives at triangle boundary and down trendline proved to be a high probability trade, so why I didn't trade it beats the hell out of me...!! Looking at the lower timeframes made me loose track of the higher timeframe structures, damn pity...
Next hurdle now is that upsloping trendline , I'll try to get short on a confirmed breakout!

Potential to the downside is big: 27.2 ext. at 0.6568 if we get past the lowest low, even 0.6130 is possible if we look at harmonics and the 61.8 extension...
Comment: It never hurts to look at the big picture!
Is the big short really plausible??

Look at this before making up your mind:

Short-term short maybe, but longer term I doubt it...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out