CW14 AU Short

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CW14 Fundamentally we expect a dovish RBA on Monday night and a strong dollar this week.

We missed a potential entry last week on the 23.6% retracement but nevertheless we continue to be on the lookout for more opportunities.

We look to take AU lower however there might be a potential H&S pattern forming, if price decides to push up higher then we will not be shorting this pair.
ノート
*RBA on Tuesday Afternoon GMT+8
ノート
Price went up with the reverse H&S setup, reconsidering short position
ノート
Looking to enter longs on the 50% retracement of this new swing high which coincides with the trendline support of the recent lows, idea will be invalidated if price moves impulsively after AXY fundaments
Chart PatternsTechnical IndicatorsTrend Analysis

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