Let's take a look at the Australian dollar chart !!

weekly : bearish . absolutely !!

daily : waves , up and down , but bearish stronger than bullish !! and a nice reaction to 61.8% fibo level .

h4 : shows a bearish scenario !!

h1 : If system trading shows sell signal , an strong one ,, so

SELL

STOP @ 0.6410

TP @ 50 ,,, 100 ,,, 0.6210 ,,, 0.6010 ,,, maybe 0.555,,,,,,