AUDUSD Price Action Short
Major confluences in both exit and entry. Current price is in fib zone, top of channel, brushing up against previous broken trendline, at resistance, bear flag and forming a wedge.
Exit at .8410 - .8400, which is the extension of the flag pole, 1.27 fib extension of prior swing, and round number.
High probability play, which will take probably can take anywhere from 1 to 4 weeks to complete - will require patience. Next week major AUD news, so very well can start the sell off next week.
Exit at .8410 - .8400, which is the extension of the flag pole, 1.27 fib extension of prior swing, and round number.
High probability play, which will take probably can take anywhere from 1 to 4 weeks to complete - will require patience. Next week major AUD news, so very well can start the sell off next week.
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