Matthew34w

Potential bearish flag formation

Short
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
5
Here you guys can see a potential bearish flag forming on the monthly chart. I am expecting this pair to move down one more leg as my target stops near key support level which was measured using a trend based fib extension of 78.6%.I am looking to enter near the top of the flag.
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