Thread: audusd 4hours distribution re-short it tp 6350

🔸Hello traders, let's review the 4 hour chart for AUDUSD today. Recently price was lockedinside distribution trading range and subsequently it broke down below key s/r level near6600 and hit 6500. Following the normal distribution pattern.🔸Short-term expecting throwback to re-test mid of the distribution range and then expectingnew wave of short-selling once we trigger 6700. Bears still maintain strategic control.🔸Recommended strategy for AUDUSD bears: wait for the short-term bounce to complete near6700 and then re-enter on SELL SIDE. TP1 bears +200 pips TP2 bears final +400 pips at 6350.Keep in mind this is a swing trade setup so will take more time to complete. good luck!🎁Please hit the like button and🎁Leave a comment to support our team!RISK DISCLAIMER:Trading Futures , Forex, CFDs and Stocks involves a risk of loss.Please consider carefully if such trading is appropriate for you.Past performance is not indicative of future results.Always limit your leverage and use tight stop loss.

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