Potential short trade setting up on the AUDUSD 4H (Oanada ... different looking candles on different brokers so beware!). I like how this trade is looking right now since the bearish engulfing candle is engulfing the previous 2 bullish candles and it price just recently touched and tested the 50 SMA (red line). Nice established downtrend, although, I would prefer if price hadn't pushed through Thursday into Friday. The current candle still has over 2 hours to close, AND THEN we still need the trigger to confirm off of the signal candle. Anyone else watching?