AUDUSD 4H SHORT

AUDUSD - SHORT

What are we expecting?

- USD Strength -AUD weakness = AUDUSD Short Trades.

What is our confirmation?

- Price has formed an ABC Pattern in which we have seen big wick rejection from structure levels in wave C.
- DXY Strength

Where shall we enter?

- We can enter a safe position once lower structure level has been broken as this will confirm our wave c theory as correct.
- Simple Break & Retest for added confluence.

Once entered where will our SL BE?

- SL will be above blue structure zone for safe SL

Targets?

- 0.786 Fib levels for targets.