AUD/USD 4H - You will notice above we have placed multiple positions on this market and have had great success from it. Last Sunday I predicted this move higher from the fractal zone I have highlighted, check previous Ideas sent.
I am wanting to see this bullishness continue this week, trailing us into our higher TF POI. This POI is holding Supply that will hopefully stop this bullishness in its tracks and create a new trend taking us lower into the market.
For anyone who has buy positions still running be mindful of this zone and look to close round it as we will be looking to short this next wave lower. There is no harm in looking for small buy entries before the sell off.
I am wanting to see this bullishness continue this week, trailing us into our higher TF POI. This POI is holding Supply that will hopefully stop this bullishness in its tracks and create a new trend taking us lower into the market.
For anyone who has buy positions still running be mindful of this zone and look to close round it as we will be looking to short this next wave lower. There is no harm in looking for small buy entries before the sell off.