The808Trader

More Aussie Weakness? - Ichimoku AUD/USD Sell Trade Setup

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
We caught the beautiful drop a couple weeks ago and we're going to look for more bearish entries as long as the market shows us our bearish confirmations. I am looking for a nice rejection at kijun sen for a chance to sell. Ideally we would see that right away, but news may push price around and this may end up becoming more of a sell stop entry later in the week. Either way, if I find a good sell entry I'll be aiming for our recent price structure lows, then even lower price structure lows from a couple months back. If we fail to hold at resistance or to break lower, this setup may become invalidated. 

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