matifakbar

AUDUSD in Bearish Trend

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is in Bearish Trend making HL's and LL's after printing the divergence on RSI it remains in distribution phase and now after the break of this phase we can see the down trend. Currently the charts showing the formation of AB=CD pattern, we will take the entry after the break of neck line, keeping the target as per risk reward ratio 1:1
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