AUDUSD - 4H - Downtrend - SELL SET UP

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AUDUSD - 4H - Downtrend - SELL SET UPAustralian Dollar/US DollarFX:AUDUSDonelinkFXTrend Direction AUDUSD is currently in a downtrend. Price made a lower high and lower low, confirming bearish structure. The recent push up is just a correction (pullback), not a trend reversal. Stochastic is rising from oversold → confirming a pullback move in progress. This means we do NOT buy here. The correct move is to SELL the pullback. Key Levels Level/ Role 0.6545 – 0.6555 / Sell Zone (previous support → new resistance) 0.6500/ Current price (NO ENTRY here) 0.6445 – 0.6455 / First Take Profit zone 0.6400/ Second Take Profit zone ✅ High-Probability Trade Setup We wait for price to pull back into resistance and then sell. SELL LIMIT: 0.6545 – 0.6555 STOP LOSS: 0.6590 TAKE PROFIT 1: 0.6450 TAKE PROFIT 2: 0.6400 Why This Works Structure is bearish, so we trade with the trend. Selling after retracement = institutional entry level. SL is placed above structure → safe from stop hunts. TP zones align with recent swing lows and liquidity zones. This trade gives 1:3 to 1:4 Risk/Reward = Excellent. Optional: If Price Doesn’t Pull Back If price drops straight down, do NOT chase. Wait again for another retracement before selling. Discipline is where profits come from.