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IronWings

AUD/ USD Downtrend Trade.

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
IronWings  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Support and Resistance Fibonacci Trend Lines
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supportandresistance fibonacci trendline
AUD/ USD Downtrend Trade.

3 Plus Confirmation:

Price creating Lower low & Lower Highs ( 4 hr time frame )
Fibs 61.8 reversal level
Price as 200MA as support at the 4hr time frame
There is a Bearish Order Block on the 1hr time frame in line with 200MA on the 4hr
Support turn resistance on the downtrend.
Price at Minor quarter theory.
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