AUDUSD Watch top

Hi fellows, We are bearish on this pair for longer term. The last wave we have seen on this pair is fading out. This pair can push for up for couple of more candles. Watch lower time frame for early sell.. In case price slightly push up then dont get panic this is a linger term trade setups. If you are looking for wave to the down side with tight stop then you might lose the trade. Give enough room to your trade so that your trade can turn in to profit. We are watching price action on lower time frame. Good Luck fellows.

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If you understand the price chart patterns then i hope you know how to look for price action when price come close to the area of interest. And if you dont please dont take risk on this trade.

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Watch this Wedge breakout with strong impulse.

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watch wedge breakout

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One more up wave is possible before going doing for big wave.

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Watch breakdown if do not breakdown then look for sell from top again.

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