We have two potential setups on AUDUSD. Should price retrace towards the 0.7207 region, we can potentially look for a short setup.
Should price continue to fall towards the 0.6985 region, we have a potential Bat pattern setting up.
Should price continue to fall towards the 0.6985 region, we have a potential Bat pattern setting up.
Trade active
Bearish Structure trade is currently active.Note
Those who missed it, we have a double top divergence on H1 as well.
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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.