AUDUSD Look for bearish continuation

Hello traders:

Paying close attention to AUDUSD for the sell setups.

We see price has reached to the top of the HTF wedge structure, and a strong reversal impulse to push the price down.

Naturally after a strong impulse phrase, the market will be correcting, and we are seeing exactly that.

I would wait for this LTF correction to complete, and look for the sell entry down to the previous lows as a first TP, then look for further bearish price action to sell.

Thank you

Bình luận:

Bình luận: