Wait for retracement and buy signal with AUDUSD

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H4 time frame.
Structure: The downtrend has been broken.
Key level at 0.73200 was broken.
Wait for the price retracement to confirm the uptrend on the 4-hour timeframe and then look for a buying opportunity with AUDUSD.
The confluence between the 50-61 Fibonacci level and the 0.72400 and 0.72200 support levels is a potential price correction zone.
The profit target is 0.74800 zone.
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Wish you all have a good trading day!

Feragatname

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