AUD/USD - DAILY TIME FRAME - SWING TRADE - SELL SET UP
Points to consider for Sell Set up:
Note: Plan Your Trade and Trade as per Your Plan
- Price has broken downwards from the DAILY BEARISH FLAG PATTERN.
Price is currently retesting the break of the flag pattern and also the daily Break of Structure (BOS) price region/zone, which is also Golden zone of Daily Fib Retracement (61.8% to 78.6%)
Price Rejection is observed on the Higher Time Frame (HTF)
Inverted hammer candle/Pin bar seen on the 4Hour Time frame.
BOS and retest observed on the 1H Time Frame.
Note: Plan Your Trade and Trade as per Your Plan
Penafian
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