AUDUSD short trade update on H4

2019-12-24 12:20:35

Note : on my previous analysis (link below) it seems that price is not able to breakdown the trendline support and continues to go up, now I see the potential of double top pattern formation

Plan : trendline breakdown --> wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL

**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)

GWBFX