AUDUSD Time To Sell

As you see, there is a downtrend in 4H chart and price is in the descending parallel channel.

CCI shows a negative hidden divergence: although price has made a lower high, CCI has made a higher high.

Price has reached the channel’s upper band and got rejected. IF price comes down and a bearish 30min candle closed below 0.7759, I would expect a fall towards the channel’s lower band.

Otherwise, we might see an upside breakout on the channel’s upper band and price enters the new channel and rises.

What is your side on AUDUSD?
Feel free to share your ideas in the comments.