AUDUSD was moving in an ascending channel and it has broken out. I am waiting for a retest on h4 to enter the trade. THe point that I am looking for the retest is the white dotted line.
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In one hour timeframe. There is a trendline that it has to test to further go down. Moreover the price is oversold in stochastic indicating that there should be retest. Will be entering there.
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Ready to Short now. Entering the market. Tp in green box. Sl set according to your strategy.
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Chart PatternsHarmonic PatternsTrend Analysis

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