AUDUSD Short Idea

I really like this set up. I highlighted the bearish Daily Candle with the sky blue box. Price failed to break to the up side. If price pull back to 0.65240 you can expect price to fall back to the 50% level of the highlighted daily candle which would be 0.64931.

••••SHORT••••

ENTRY: 0.65240
SL: 0.65395 (15.5 PIPS)
TP 1: 0.65085 (15.5 PIPS)
TP 2: 0.64931 (30.9 PIPS)