AUDUSD 4H GUMBO SOUP SHORT TRADE

Feb 19, 2018

Pair was in an ascending channel
channel breakout into consolidation
range bound consolidation
range breakout for bearish ENTRY
take profit previous support
watch Macd for bearish confirmation and direction

Feb 20, 2018

Note

Buy Stop has been hit
Macd below 0 level line and macd red line - bearish bias

Feb 21, 2018

Note

Pair is beginning it's bearish move