AUDUSD - SHORTS
Price is looking quite bearish to me, it has formed a double top on the H1 and broken market structure to the down side.
I can see that longs tried to defend the 0.77618 level as there was some buying here which was eventualy absorbed buy large sellers.
Once price comes back here, i believe these longs will exit their positions and sellers will continue to fill their inventory up (liquidity)
I can see that longs tried to defend the 0.77618 level as there was some buying here which was eventualy absorbed buy large sellers.
Once price comes back here, i believe these longs will exit their positions and sellers will continue to fill their inventory up (liquidity)
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