AUDUSD - Get ready for South train
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Price is potentially making Double Top to respect Higher Time Frame (HTF) Daily channel (blue dashed lines) and Daily resistance zone before going South with an impulse.
However, it can still going North for a little longer to reach the top Daily channel before going South.
Look for confirmation of South train before jumping in!
However, it can still going North for a little longer to reach the top Daily channel before going South.
Look for confirmation of South train before jumping in!
Note
Price took its time (6 Days!) before finally impulse down!
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