AUD/USD Short - Potential long term swing

By ThePoisedTrader
This trade checked off all the requirements for a nice trade to the downside. We have the 1-2-3 ascending channel on the daily chart, the double top pattern at the top of the ascending, another ascending at the second leg of the double top, & with daily candlestick confirmation. There are so many confluence factors and there is so much room to the downside. Happy to take these trades whenever they show up.
Ascending ChannelaussieBeyond Technical AnalysisChart PatternsDouble TopForexsellsetupTrend Analysis

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