I'm back!!! Oh Wait AUDUSD to the Bears!

2 באוג׳ 2021

With this trade setup we can see bearish sentiment coming into AUDUSD as it has broke a key zone level and pulled back to the zone. Now currently showing rejection with a bearish engulfing candle. This is significant because it coincides with the 61.8% on our Fibonacci or what we refer to as the "GOLDEN ZONE". Looking for a possible 1:2 RR with this trade setup!!