FX:AUDUSD   Australian Dollar/U.S. Dollar
227 2 4
We might see a great sell setup very soon on the H4 chart of AUDUSD             . There is a confluence of 2 trend lines coming from the highs. Fibo expansion 61.8% falls into that zone as well.
Order cancelled: candle broke resistance. Wait
Order cancelled: Now cancell your order
Trade active: confluence Area

Related Ideas

Entry:
False break of the confluencing zone could be a great sell trigger.



Targets:
Last low which is also a good support zone, leave the second part of the trade running afterwards.
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confluencing zone
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