AUDUSD - Buy (15/4/21)
Month - Uptrend , lots of room to push up towards
4H - There is a possibility that it can retrace deeper as it has reach the resistance area. Before pushing upwards again. This will be my ideal scenario.
1H - 1hr candle structure and how the candles broke, AU tends to give no fuck and continue trending. If price retraces to minor support area i might be keen for a buy however it has to meet my entry criteria with more than 3 confluence before taking this trade. Half position only if i decided to enter.
Not trading today, will just be monitoring.
4H - There is a possibility that it can retrace deeper as it has reach the resistance area. Before pushing upwards again. This will be my ideal scenario.
1H - 1hr candle structure and how the candles broke, AU tends to give no fuck and continue trending. If price retraces to minor support area i might be keen for a buy however it has to meet my entry criteria with more than 3 confluence before taking this trade. Half position only if i decided to enter.
Not trading today, will just be monitoring.
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1 Month
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4H