alexraphael

AUDUSD BEARISH CONSIDERATIONS

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Aussie Dollar as well know is expected to drop!
After waiting for what looked like sell which then played out as a bullish week, I expect the next coming days/week to kick off sells and pave way for our bearish entries!

This setup is a simple break and retest scenario, which would see aussie soon to the down side. Once we break the ascending trendline, IT IS FINISHED, AUDUSD would drop 300 pips and more to the downside!!!

#Forex Cruisers

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.