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Chiguuu

AUDUSD Short Swing Trade Setup

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
Chiguuu  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns AUDUSD audusdshort audusdforecast audusdanalysis audusdsetup Forex audusdtrade forexsignals forexmarket
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trendanalysis chartpattern audusd audusdshort audusdforecast audusdanalysis audusdsetup forex audusdtrade forexsignals forexmarket
Weekly timeframe;
-Market structure is still downtrend
-Weekly Engulfing candlestick

Daily/4H - structure is also a downtrend

Right now , I am waiting for a pullback/retracement into either 0.70000 or 0.70450 area.
Then, wait for entry pattern like at least 30M Engulfing or some kind of strong rejection.

Target profits ; 0.68800 and 0.68000

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