Smaller Fibonacci, in a bigger Fibonacci.

Could be a great short opportunity if we sear a good lower bear candle on open. Larger imagine attached of 4hr and 1day. Great amount of rejections on the bearish trend line .

snapshot


No issue from resistance hopefully and could be a fantastic risk reward, but will change/review targets at market open as always.

Feedback is Welcome.
audAUDUSDBearish PatternsFibonaccisetupshorttechnical_analysisUSD

Disclaimer