SHORT AUDUSD Bearish Continuation
Trading plan
Price testing resistance level
Bearish trend structure
Trading setup on 4-hour timeframe
Key Elements
Bearish continuation pattern
Lower highs and lower lows
Resistance zone rejection
Trade Setup
Short at resistance
Stop above recent swing high
Target: Previous support levels
Market Context
Downtrend continuation
Price rejection on resistance
Selling pressure dominant in daily timeframe
Price testing resistance level
Bearish trend structure
Trading setup on 4-hour timeframe
Key Elements
Bearish continuation pattern
Lower highs and lower lows
Resistance zone rejection
Trade Setup
Short at resistance
Stop above recent swing high
Target: Previous support levels
Market Context
Downtrend continuation
Price rejection on resistance
Selling pressure dominant in daily timeframe
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.