AUD/ USD Downtrend Trade.
3 Plus Confirmation:
Price creating Lower low & Lower Highs ( 4 hr time frame )
Fibs 61.8 reversal level
Price as 200MA as support at the 4hr time frame
There is a Bearish Order Block on the 1hr time frame in line with 200MA on the 4hr
Support turn resistance on the downtrend.
Price at Minor quarter theory.
3 Plus Confirmation:
Price creating Lower low & Lower Highs ( 4 hr time frame )
Fibs 61.8 reversal level
Price as 200MA as support at the 4hr time frame
There is a Bearish Order Block on the 1hr time frame in line with 200MA on the 4hr
Support turn resistance on the downtrend.
Price at Minor quarter theory.