- Vasily Trader
AUDUSD: Preparing for Breakout (Trading Plan)

⚠️AUDUSD is forming a descending triangle formation:
the price sets a sequence of lower highs respecting the same low.
bullish reaction from current support becomes weaker and weaker.
I am waiting for a breakout of its support.
it will be a strong bearish signal and the price will most likely drop lower.
next support - 0.6633
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