AUDUSD is headed for a new swing flow, from overall bullish market. The problem is that price close at the end of week above higher high level but didn't maintain enough time to prove its entering spot.
Our expectation for this currency pair is showing potential bullish moment after sellers first reaction of the market. Your job as a buyers, is to follow momentum flow (this time on 1 hour timeframe).
Therefore, if price will go straight up, then wait for closing perioud of 4 hour candle and do not getting into the market from 1 hour timeframe overview.
Hope this short explanation from audusd will helps you find your balance. If you're interesting for more, you can also join our daily suggestions
Good trading
Elitefxacademy
Our expectation for this currency pair is showing potential bullish moment after sellers first reaction of the market. Your job as a buyers, is to follow momentum flow (this time on 1 hour timeframe).
Therefore, if price will go straight up, then wait for closing perioud of 4 hour candle and do not getting into the market from 1 hour timeframe overview.
Hope this short explanation from audusd will helps you find your balance. If you're interesting for more, you can also join our daily suggestions
Good trading
Elitefxacademy
