AUDUSD Bearish Structure Break, Looking for Double Confirmation
AUDUSD took liquidity from the monthly high and has shown a potential reversal via a break of structure.
Monitoring this point of interest to scale in a short; ideally we would see a second break of structure for double confirmation. AUDUSD has been in a strong uptrend so additional confirmation is useful.
Targeting liquidity objectives below.
Monitoring this point of interest to scale in a short; ideally we would see a second break of structure for double confirmation. AUDUSD has been in a strong uptrend so additional confirmation is useful.
Targeting liquidity objectives below.
Trade closed: target reached
Choppy action but gave additional confirmation that supply was in control, reached targets and additional liquidity objectives. Likely to continue lower.
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