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AUDUSD APPROACHING MONTHLY RESISTANCE

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Dólar australiano/Dólar estadounidense (FX:AUDUSD)  
Bulls_and_bears_academy  
FX:AUDUSD   Dólar australiano/Dólar estadounidense
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD gamestop AMC short educational audusdshort
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trendanalysis harmonicpatterns chartpattern audusd gamestop amc short educational audusdshort
As we can see AUDUSD is approaching to a very strong monthly resistance zone . So how to approach this situation? Simply if we can see that price going bearish on 4hr timeframe we can take an short postion . And we can expect to price to fall till Tp1 and Tp2 (consider taking some of the profit on Tp1 and let the rest trades run) . Remember to be reactive not predictive !
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