AUDUSD is in a downtrend after the bearish impulsive phase that broke the bearish flag. The price is presently at a major support level, i expect a break of this level, retest before I will possibly short it.
How ever, there is only one thing that could invalidate this trade, if the price reverses back from this support as marked with the red arrow , this would invalidate this trade setup.
What's your opinion on this trade? kindly like and comment below
How ever, there is only one thing that could invalidate this trade, if the price reverses back from this support as marked with the red arrow , this would invalidate this trade setup.
What's your opinion on this trade? kindly like and comment below