AUDUSD SELL

٢١ مارس ٢٠٢٢

Market has bounced off the yellow zone of resistance, looks to be creating a inverse head and shoulders. In this zone i spotted a gravestone doji indicating a DT to my TP at .72600 (same area as left shoulder). Market is currently overbought indicated by my stochastic oscillator further indicating a DT. MACD line looks to soon cross under the signal line further indicating a DT. On the 1hr chart you can see a valid Double top being formed so its only a matter of time before the dump. This is just my analysis, please trade with caution.