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jojofang0901

AUDUSD Bearish reversal from the top

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Dólar australiano/Dólar estadounidense (OANDA:AUDUSD)  
jojofang0901 Actualizado   
OANDA:AUDUSD   Dólar australiano/Dólar estadounidense
Chart Patterns Double Top or Bottom Parallel Channel priceaction structure pattern FLAG
27
6
chartpattern doubletoporbottom parallelchannel priceaction structure pattern flag

Hello traders:

Looking at AUDUSD for potential reversal price action.

We have see price is in its corrective phrase since early November, moving up within this parallel channel structure.

Now that price has made its way to the top now, and potentially showing us some bearish momentum on the lower time frame.

Similar approach like NZDUSD would be to look for continuation correction on the LTF, or a double tops if price pushed up one more time then look for reversal from the tops.

Thank you
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