Aligned this trade starting from the weekly down.

Weekly shows a space of liquidity (70 pips) that can get filled in before hitting the next support.

Daily shows Evening Star pattern +
Descending Triangle Formation

Took this trade on a 30 min timeframe with 14 Ema resistance and 30 min structure

If this trade loses I will short again from the .618 which is my optimal entry. This entry is more aggressive.

Entry: 0.74211
S/L: 11.1 pips
T/P: Next Psych Level + -61.80 extension (70 pips)
AUDUSDChart PatternsTrend Analysis

Penafian