HELLO TRADERS Hope everyone is doing great a look at AUDUSD 🛑IN THE COMING WEEK MULTI TIME-FRAME BREAK-DOWN
DXY DAILY
* Lets start with the DXY. * We see the 78.6 % FIB level holding in the past week. * Looking for signs of some bearish momentum for continuation with the bears. * The DXY is currently trading in PREMIUM. * Any signs of bearish momentum would Signal Bearish moves for the week that is. * Bullish momentum changes the Bias for the week & possibly signals reversals
AUDUSD DAILY TIME-FRAME
* On the DAILY we are trading / rejecting of a FVG. * Should we violate this FVG looking to trade in premium, before continuation. * This week looking for a push higher before continuing down. * Should the FVG hold looking to go short, should momentum signal. * We have a draw in LQ below which will serve as targets should we push higher.
AUDUSD 4H TIME-FRAME
* We pushing higher having some bullish momentum on the 4H. * Looking for some push higher before seeing bearish moves. * We see + FVG holding signalling bullish momentum. * Looking to trade in PREMIUM for short entries & longs alike.
AUDUSD 1H TIMEFRAME
* We are in a BULLISH trend. * Looking for continuation into premium. * shift in momentum would validate the BEARISH BIAS.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
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