Lingrid | AUDUSD short after FAKE breakout

The price perfectly fulfilled my last idea; it moved up from the support level and reached the targeted level. AUDUSD is updating its swing lows and lower highs, showing a bearish order flow. The market has broken through support levels, and it pulled back after the impulse leg. The market failed to close above the swap zone that was tested many times before. On the daily timeframe, the price grabbed liquidity above the equal highs at 0.64555. I expect sell signals at the resistance zone, such as a long-tailed bar or an engulfing candle. My target is a 0.64000 support level.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻