AUDUSD is preparing for a sell

Hello,

I can see the following signs for a sell on AUDUSD:

H1
- Brearish movement
- Candlestick: bullish-engulfing
- MACD: buy divergence (on this timeframe means correction up to the trendline)

H4
- Bearish movement
- The impulse was big, now is time for a correction
- Candlestick: billish-engulfing
- MACD: no divergence

D1
- Bullish movement
- MACD: there is a still developing divergence to sell

CONCLUSION: wait the H1/H4 correction to finish and sell on D1 divergence after the price go under the D1 bullish trendline.

Trade entrypoint: after last minimum

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This idea does not provide financial advice.