Hello Traders!
------
π΅ AUD / NZD Setup / Analysis
π 4hr's Chart
π The reasoning for this setup
ββββββββββ
- ( Take Profit point's ) -
π΅ Take Profit 1 ( 1.07900 )
----
π΅ Take Profit 2 ( 1.08130 )
----
π΅ Take Profit 3 ( 1.08360 )
---
π΅ Last Take Profit 4 ( 1.08660 )
---
Reasoning πποΈ
ββββββββββ
π°inner Up Trend ( visible on shorter timeframes, such as the hourly chart )
π°VWAP Poc ( Traders use VWAP to confirm trends. If the current price is above the VWAP and the trend persists, it may indicate bullish sentiment. Conversely, a price below the VWAP might suggest bearish sentiment )
π°Volume Range Hvn ( High Volume Node )
π°Fixed Range ( Some traders use fixed range bars as an alternative to time-based charts. In a fixed range bar chart, each bar represents a specified price movement rather than a fixed time period)
π°Choch + BoS ( Choch - change of character / BoS - break of structure )