Hello everyone 👋
Today I bring AUDUSD.
My analysis is based on structure and Chart patterns.
My view from the HTF ,AUDUSD has formed a pattern which is Descending in nature .
My view from the LTF , after and strong impulse push down. We now seem to also be correcting in a Descending nature aswell . I also see a Double Bottom Point Of Interest ( POI) area adding to the confluence.
How I would take this setup is wait for a strong bullish impulse phase outside of the LTF pattern and then wait for a LTF continuation pattern and plan my trade .
However if we do not get that push up I will wait for more developement on AUDUSD .
Thank you.
Today I bring AUDUSD.
My analysis is based on structure and Chart patterns.
My view from the HTF ,AUDUSD has formed a pattern which is Descending in nature .
My view from the LTF , after and strong impulse push down. We now seem to also be correcting in a Descending nature aswell . I also see a Double Bottom Point Of Interest ( POI) area adding to the confluence.
How I would take this setup is wait for a strong bullish impulse phase outside of the LTF pattern and then wait for a LTF continuation pattern and plan my trade .
However if we do not get that push up I will wait for more developement on AUDUSD .
Thank you.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.