Dannicada

AUDUSD: short idea

Short
Dannicada Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Monthly:
- Expecting a continuation downwards after hitting monthly resistance

Weekly:
- retest of neckline after "M" formation

Daily:
- retest of neckline clearer with 0.618 fib confluence
- Possible reversal zone

4hr:
- double top formation
- break and retest of neckline with 0.5 fib confluence
Trade active

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