AUDUSD Short - Flashcard

AUDUSD Short - Direction: Multi-Session M PFH (peak formation high) on the 23rd-24th, and then 1 vector drop down into level 1. In addition, I see bearish momentum on the H4 and H1 time-frames. Entry: Dotted line on chart indicated the high held throughout the day (as no candle closed above), and the candles respected the 200 EMA, and did not close above it. Furthermore, the pattern shown on the M15 and H1 was a Double-Top formation, which included divergence as shown on TDI, so I entered once the pattern formed. SL was @ 21 pips above Trade open (just above YH), and TP was @ 32 pips below Trade open (just above YL).