AUDUSD has been in a consolidation, breaks to the up and downside have failed, its been forming a bear flag....at this point I'm waiting for a break out move and sell the retest, standing aside for now until the picture clears up.
Note
Breakout to the downside finally happened, if you're not already short wait for pullback and then short....target 7160, 7100 and 7120.Note
sorry targets 7160, 7100 and 7020...Note
Just about done with this trade...closing this trade at the 0.70000 level.Trade closed: target reached
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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.