AUDUSD Shorts soon to be triggered

The lastest impulse up was caused by a fundamental event and could well be the last wave up before we see the continuation of the downtrend. We can see the price is forming an ending diagonal reversal pattern. A break and retest of this structure on a lower timeframe is a good entry point. Very nice R:R also

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30 pips profit . trade closed

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104 pips in profit now...