( short in progress) week9 AUDUSD D1 accumulating short positions at resistance confluence

D1

A very nice resistance confluence is validated by a bearish trappedtrader’s signal.
This is a chance to accumulate short positions.
week9 AUDUSD D1 bearish trappedtrader 290216

h4

The chart pattern at this confluence zone seems kind of mixed at this time. It is not really clear whether the topping pattern has completed already or not. So batching in short positions will be a good idea.

week9 AUDUSD h4 right shoulder sell limit 290216

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