jojofang0901

AUDUSD Reversal is imminent

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jojofang0901 Diupdate   
OANDA:AUDUSD   Dollar Australia / Dollar AS
Hi everyone:

Looking at AUDUSD for some midterm sell opportunities.

We see price has in this larger ascending structure, slowly push the price up.

In the last 2 weeks or so, Price has been slowing down now as it is now at a potential daily double tops.

Last bit of price action we see an expanding type of structure, and price failed to break higher from it.

I will be looking for sell within the structure if we get more continuation correction to sell, or once price breaks out then look for smaller correction to get in.

Thank you
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