potential swing trade for next week

AUDUSD D1

price has reached the bears profit target for the month at MS2 (0.7322) and printed a double bottom on the H4

AUDUSD H4

bears are probably getting out of their shorts as we can see on the H4 with a double bottom. bulls will wait for a higher high and enter the pull back on the H4 chart, trading this pair back up to the monthly pivot point. this trade plan could come into fruition next week with the new pivots coming in on Sunday and be our swing trade for the week.

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