Potential SHORT setup - Liquidity

Hello TradingView community. What I see on AU is a big short opportunity, but maybe after a potential fakeout at this M neckline. Trading with the COT report, hedge funds and other large spec are unloading long positions in the AUD, while commercial is adding long. This is what we want to see for a potential short setup, as commercial treats this as a hedge, and will add long when they expect price to fall, etc.

There is a lot of money sitting at that double top, and what do we need in order for big moves in the market? Liquidity. What we all saw today by price pulling back into the neckline is what every other trader saw, which can be good or bad. Could it continue down and never look back? Yes. Could we see big manipulation to take the double top money, also yes.

Overall bearish, but don’t rush your entry. Just my 2 cents, good look, and stay green :)