AUDUSD Channel Down aiming for a bearish break out.

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AUDUSD is trading inside a Channel Down since September 19th.
The price is currently under the MA50 (4h) and the bullish wave of the Channel Down is about to end.
So far this is similar to the first bullish wave (Megaphone) that made a bearish break out on October 3rd.

Trading Plan:
1. Sell on the current market price.

Targets:
1. 0.64565 (Fibonacci 1.5 extension).

Tips:
1. The RSI (4h) double topped and is trading under its MA. Sell signal as well.

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