AUDUSD, GO SHORT ON 1H TIME FRAME ?

Hello Everyone,
AUDUSD
Based on our system, we have some information for your consideration as below:

1. Trend: BEARISH

Reverse at Fib 50%
Lower High
Closed below EMA
RSI<50

2. Signal Bar: As shown on chart --->GO SHORT

SELL STOP ORDER

➡️ Entry = 0.77340
❌ Stop loss = 0.77650

✅ Profit Target 1 = 0.77000
✅ Profit Target 2 = 0.76620
✅ Profit Target 3 = 0.76110
✳️ Or you wait for the reverse bar at these target levels to move Stop Loss.

Let see what happen next.

NOTE:

THIS IS NOT A RECOMMENDATION TO TRADE BUT PURELY AN OBSERVATION ON PERSONAL RESEARCH.
YOU MUST MAKE AND MANAGE YOUR OWN TRADING DECISIONS