AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are still very bullish but price action has been consolidating near our 0.67000 resistance zone.
Going into this week we want to identify structure before getting into a trade. Ideally we see price action retrace to 0.65500 and confirm a higher low.
If this happens we can confidently enter long.
Trade scenario 2: The other likely scenario is AU moving higher now without a more significant pullback. Look for higher lows above 0.67000.
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are still very bullish but price action has been consolidating near our 0.67000 resistance zone.
Going into this week we want to identify structure before getting into a trade. Ideally we see price action retrace to 0.65500 and confirm a higher low.
If this happens we can confidently enter long.
Trade scenario 2: The other likely scenario is AU moving higher now without a more significant pullback. Look for higher lows above 0.67000.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.