audusd h8 distribution short/hold tp 6200

🔸Hello traders, let's review the 8 hour chart for AUDUSD today. Ongoing distribution in
progress since March 2023, currently breakdown detected, expect further losses.

🔸Aussie dollar under fresh sell side pressure recently also going into August
weak seasonality based on past 10 years of data, therefore expecting fresh losses
since the distribution range is breaking down and bears maintain control.

🔸Recommended strategy for AUDUSD bear: short sell near market / short sell
weak rips/rallies as we are headed into breakdown of the multi-month distribution
range. TP1 bears is 6340 TP1 bears is 6200. trading at 6520 now therefore 300 pips
downside remains in this market. good luck traders!

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Comment:

gbpchf 8hours short from resistance tp +400 pips

tp hit +400 pips congrats

Comment:

new gbpchf setup via link
gbpchf h8 best level to buy/hold tp +350 pips

Comment:

usdcad 8hours buy/hold tp +200 pips swing trade

Trade active:

+140 pips running pnl will update
once we hit TP1

Comment:

+150 pips. TP1 almost hit, 30 pips left until we hit TP1!

Comment:

some of the highlighted comments posted in the comments section below lol

This will never happen.. stupid idea..
I do not think that is going to happen..