GasperiniGS

Trend Continuation on AUDUSD

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
We have been in a downtrend and have broken many structure levels, so I immediately think bearish. The "Kill zone" Have been tested two times and each time it pushed the price lower. We made a lower low lower close (L3C) and now we are going back to that structure level. In theory one could enter right now and would still be a TCT trade. However, the R/R would not be good.

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