tradafx

Wait for confirmation and sell opportunity with AUDUSD

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
H4 time frame.
Structure: Downtrend.
The rising price channel after retracing to the 50% Fibonacci zone of the previous down move, there is a signal to break the price channel.
Wait for the retest signal to confirm the downtrend outside the price channel, then you can find selling opportunities.
Profit target is 0.70000 price zone.
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