RaynLim

Navigating Counter-Trend Waters: AUDUSD Insights

Long
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
The AUDUSD's prolonged bearish journey has sparked interest among traders seeking a potential rebound. However, it's vital to remember that market dynamics don't always adhere to expectations.

For those exploring counter-trend opportunities, the presence of an over-extended Bullish Shark Pattern accompanied by a Bullish Trendline forms an intriguing combination.

Exercise caution and await confirmation before entering the trade. Keep in mind, once the candle breaches the Bullish Trendline, this setup loses its validity. 📊🔄

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