AUDUSD 4H GUMBO SOUP SHORT TRADE

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Pair was in an ascending channel
channel breakout into consolidation
range bound consolidation
range breakout for bearish ENTRY
take profit previous support
watch Macd for bearish confirmation and direction
Note
Buy Stop has been hit
Macd below 0 level line and macd red line - bearish bias
snapshot
Note
Pair is beginning it's bearish move
snapshot
Ascending ChannelAUDUSDchannelbreakChart PatternsrangeboundrangebreakoutsellstoptakeprofitTrend Analysis

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