AUDUSD is trading in an ascending triangle pattern. Also, it is trading at a strong resistance zone , which can be a triple top pattern, if price reverses from the current level. one can initiate short trade with a stop loss just above the resistance zone . If it breaks out from the resistance zone on the upside, we may see a new trend in AUDUSD .

If You Like Idea Do Follow For More Quick Update
Note – Trade With Proper Risk Management System

Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.