Multi Timeframe analysis of AUDUSD(long setup on 1H)
My long setup idea is based on the daily TF. Price around the bottom area of a range in the context of bullish uptrend.
Trading TF is 60m. I'll look for long setup once the downtrend line being taken out. Until then, I do nothing.
Pay attention to DXY.
Trading TF is 60m. I'll look for long setup once the downtrend line being taken out. Until then, I do nothing.
Pay attention to DXY.
Komen:
now, price hit the daily zone and in the 1H chart, price got some reaction to the zone, watch out the new yellow zone, once broken, look for long setups.
Komen:
As I expected, price violated the downtrend line as well as the control low. A perfect pullback long setup opportunity.
Komen:
Yesterday's pullback trade is a 1-to-2 trade. Now, trend continues that creates another opportunity to jump in as marked in the chart
Komen:
our patience finally pays off!
Komen:
Trend continues with repeated pattern
plan your trade and trade your plan
