AussieWyckoff

AUD/USD - SECOND DISTRIBUTION PATTERN FORMING - HEADING LOWER?

Singkat
FX:AUDUSD   Dolar Australia / Dolar A.S.
A clear second distribution pattern is forming.

We have selling into the moves higher on the recent BC and ST by the looks of the volume.

We are also approaching a re-test of the AR in the first larger distribution pattern.

The downward trend that has formed also indicates a re-test approaching.

Watching this closely for some reversal signals to get into a longer term short trade.

Do your own research and good luck.
Penafian

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