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We were in an uptrend (red trendline )
which we broke and now acts as a resistance level
Again we were in an uptrend (orange line) ..again broken acting now as resistance
We also have a descending triangle which is about to break
and a DOUBLE TOP pattern (still neckline not broken)
We have a triple top (at the above green zone)...
I am shorting AUDUSD for the following reasons:
It has broken a the ascending bullish flag it was on.
It is simple price action.
If the candle were to go up pass the trend line it would invalidate my trade activating my Stop Loss and would wait for a retest to go long.