My view on AUDUSD:
Daily TF we have a nice Head And Shoulder patern.
Price needs to retest the neckline, together with the
last structure point: 0.67000.
The 4HR needs to shift bullish and go back to the zone.
As soon we get to the zone we need a bearish shift of
structure to have the daily and the 4HR bearish.
After that 4HR shift we need a LT pullback. If the pullback
is bullish then we wait for a bearish shift of structure and
a bearish engulfing candlestick. If the trend was allready
bearish, then we only have to wait for a bearish engulfing
candlestick
Daily TF we have a nice Head And Shoulder patern.
Price needs to retest the neckline, together with the
last structure point: 0.67000.
The 4HR needs to shift bullish and go back to the zone.
As soon we get to the zone we need a bearish shift of
structure to have the daily and the 4HR bearish.
After that 4HR shift we need a LT pullback. If the pullback
is bullish then we wait for a bearish shift of structure and
a bearish engulfing candlestick. If the trend was allready
bearish, then we only have to wait for a bearish engulfing
candlestick
Penafian
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