AUDUSD Potential Bullish Shark Setup

19 thg 9, 2017

We have a potential Bullish Shark setup on AUDUSD if the B-Point, illustrated by the yellow box, is broken. Since we already have a downtrending structure at play on the H4 timeframe, I will be looking for a bearish cross of the moving averages on the Daily timeframe for more confirmation of the potential setup.