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Guissoul
Apr 20, 2023 6:29 AM

AUDUSD potential sells. Short

Australian Dollar/U.S. DollarFXCM

Description

The price has broken a minor bullish correction with the opportunity to see it continue further down. A possible bearish head and shoulders pattern is underway with the right shoulder forming a bearing continuous pattern. The price can either touch the top trendline of the bearish continuous structure and reject or it breaks and continue going up. The price can also break the neckline, retest and continue heading down or it can reject the neckline and head up. Because of the overall bias of the market, I will be looking for sells with clear confirmations.
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