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Lenguito_Forex
Apr 28, 2021 5:35 AM

AUDUSD - SHORTS Short

Australian Dollar/U.S. DollarFXCM

Description

Price is looking quite bearish to me, it has formed a double top on the H1 and broken market structure to the down side.

I can see that longs tried to defend the 0.77618 level as there was some buying here which was eventualy absorbed buy large sellers.

Once price comes back here, i believe these longs will exit their positions and sellers will continue to fill their inventory up (liquidity)
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