AUDUSD 30min Analysis February 18th, 2021
Trade Scenario 1: Bullish - For us to go long we want to see price find support at our structure zone of .7773. We will look to enter on strong bullish setups, first targeting previous highs around .7800
Trade Scenario 2: Bearish - For us to short we need to see price break below our structure zone of .7764. We will then wait for a retrace and for strong rejection off .7764.
Trade Scenario 2: Bearish - For us to short we need to see price break below our structure zone of .7764. We will then wait for a retrace and for strong rejection off .7764.