AUDUSD - Ready for SELL setup

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AUDUSD - Ready for SELL setupAUD/USDOANDA:AUDUSDProTradeProfessorWe see market since testing its High in Mid April, followed by bearish divergence got range bound. a similar situation is evolving as of around April 17th 2026. with strong selling pressure on this level, we assume market will take a corrective move, atleast till the strong support level highlighted. With the details mentioned below we see that bears weightage is more than the Bulls in the current scenario. Though this is against the trade, so take carefull consideration of SL. Bullish Indication: 1- HH and HL, Price range bound 2- Formation Bullish Cotinuation Pattern Bearish Indications: 1- Bearish Divergence on RSI 2- Sentiments for Sell >= 90 % 3- Strong Resistnace Level 4- On 17th April Market took a corrective move with the similar scenario 5- Formation of Candle stick on 4h wick a long wich upwards suggest strong sellers at this level BIAS: Bearish weightage > Bullish weightage Entry Plan (Pending Order) : We enter at the break of HL, and aim at Major support which is an easy target for the 1:1 R:R trade plan with an stop loss above the recent HH.