AUD/USD: A short description

[skrimon]

If price impulses down, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.

If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.

If there's any ambiguity then I will not place a trade on this pair.