AUDUSD recently made a double top at the resistance level .
The price broke and closed below the ascending channel.
The market is consolidating on the 4H timeframe, and price likely will retest the support by creating AB=CD pattern.
We expect a bearish move.
While this is good but permit me to say this, your chart looks rough and might complicate your trades.
I noticed you never clear old trade’s profile. I could see a trendline over there, and while it got broken and retested, that’s a trend expansion but your trendlines looks the same.
You’re right with the flag, and that’s definitely the moment.
Great job in between.
