AUDUSD Next Leg down or a fake out?

Daily
  • rejection at big figure .7700
    weekly Trend Line
    Daily Bearish order Block


4hr

*possible head and shoulders formation in process
Impulse leg down from high
Price below 20/50 ema + Cross below
Price in corrective flag pattern

waiting for price to break out: to upside to tag stops around .76300
Targeting short term .7371 resting stops
AUDUSDaudusdforecastSELLshortsetup

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