AUDUSD 4h Short off Resistance Retest

By MtxTrader
Updated
I sold this at the close of the strong bearish candle after the doji/hanging man candle.

Price retested the resistance zone at .7607 - which is an area of previous support and resistance.

Price got rejected from the resistance zone, so I am selling AUDUSD down to the next significant support level, which is 0.7515.

My stop is above the most recent high.
Comment
stop hit
4hAUDUSDBearish PatternsnikitapriceactionrejectionshortSupport and Resistance

Disclaimer