AUD/USD Short - Potential long term swing

8 בדצמ׳ 2020

This trade checked off all the requirements for a nice trade to the downside. We have the 1-2-3 ascending channel on the daily chart, the double top pattern at the top of the ascending, another ascending at the second leg of the double top, & with daily candlestick confirmation. There are so many confluence factors and there is so much room to the downside. Happy to take these trades whenever they show up.