AUDUSD Selling flag
Hello everyone here i am looking to sell this pair based on harmonics as well as structure. As you can see, price tried to break the ascending channel to the downside forming a bearish flag pattern on the bounce which might indicate further bearish momentum since flag is a trend continuation pattern. Also we have a bullish butterfly pattern which might be starting its CD leg on the breakdown of the flag. We are only interested in entering this pair if there is a breakdown of the flag to the downside.
Cheers
Cheers
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