here is bearish channel if break down target show here
HERE IS SOME SIMPLE SETUP ABOUT AUD/USD WHICH IS BEARISH TREND SHOW IN THE CHART , HERE I JUST FOLLOW THE TREND WITH THE HELP OF 100 MVA AND 200 MVA 1ST WE SEEN THE 100 MVA CROSS DOWN WITH 200MVA SO IT IS GOOD SHORT SIGNAL IN 2H TIME 2ND CONFIRMATION BEARISH TREND IS THAT DONCHIAN UPPER CHANNEL MOVES DOWN FOLLOWING TOWARDS TREND. SO OUR ENTRY POINT IS JUST...
HERE I DROP GRAPHICAL SOME SUPPORT AND RESISTANCE ZONE ON DOWNTREND LINE WE CAN CLEAR SEE THAT AS 1390 HIGH TREND LINE LOW 1276 THE WAVE 1 SAME AS WAVE 1.a (1306 to 1190) , WAVE 2 1276 TO 1330 AS WAVE 2.a (1190 to 1244), NOW WE CAN CLEAR SEE THAT NEXT TARGET WILL BE 1180-86 ,