AUDUSD Short
My thoughts on AUD/USD
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[H4 Setup]
- Hit 78.6% Retracement level
- Respected Trendline
- Hit strong resistance
- Evening Star Candlestick
- RSI shows overbought
[H1 Setup]
- Harmonic Shark pattern
- Hit strong resistance
- Bearish Engulfing Candle
- RSI Divergence
Currently looking at this potential Head & Shoulder for an entry.
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[H4 Setup]
- Hit 78.6% Retracement level
- Respected Trendline
- Hit strong resistance
- Evening Star Candlestick
- RSI shows overbought
[H1 Setup]
- Harmonic Shark pattern
- Hit strong resistance
- Bearish Engulfing Candle
- RSI Divergence
Currently looking at this potential Head & Shoulder for an entry.
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