FX:AUDUSD   Australian Dollar / U.S. Dollar
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We are currently looking at AUD/USD .

I am selling AUD/USD


The candle stick circled above shows that buyers were trapped at this exact moment in time. priced wicked back about 56 pips and formed a LONG DOJI .

which is indicating that price is going down and that there is a buyers trap. The candle stick has no bullish sentiment at all look at it.

and it is on a daily time frame. if you want to get a good entry you could , enter on the 4 hour or the 8 hour.


however it looks like it can go down from here to 71433.00 I would take profit thought after being up 50+ pips



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