Breaking down AUDUSD i was able to envision a wide consolidation field. Within the field a few small pattern formation were discovered. I figured to do a structure based analysis to discover a possible collapse in the consolidation, for a break out to the downside. 0.76895 was the High field of this structure that could be broken on numerous attempts. Price action draw back Pulled the price into the .7660 field. Triple top formed as price attempted to break back into the higher field. Failed attempt. With these failed attempts to sustain at this price level. I am predicting a soon collapse of this Consolidation. To a Bearish Trend.
Entry .76249
TP Green Field.
Stoploss .76350
Entry .76249
TP Green Field.
Stoploss .76350
