AUDUSD, Showing strength.
Updated
AUDUSD / 1D
Greetings, traders! Welcome back to another market analysis.
The AUDUSD pair has been following a bearish trend, with the price indicating signs of breaking out from a channel. This breakout suggests the possibility of further upward movement. I intend to consider entering positions at lower prices following confirmation of the lower time frame during the next pull-back phase.
It's important to note that this analysis does not constitute a signal. Specific entry points, stop-loss levels, and target prices will be shared exclusively after price action confirmation on a lower time frame is observed.
Trade safely,
Trader Leo
Greetings, traders! Welcome back to another market analysis.
The AUDUSD pair has been following a bearish trend, with the price indicating signs of breaking out from a channel. This breakout suggests the possibility of further upward movement. I intend to consider entering positions at lower prices following confirmation of the lower time frame during the next pull-back phase.
It's important to note that this analysis does not constitute a signal. Specific entry points, stop-loss levels, and target prices will be shared exclusively after price action confirmation on a lower time frame is observed.
Trade safely,
Trader Leo
Trade active
I'm long, invalidation is bellow the last swing low. Target is a new high
Trade active
AUDUSD / 4H updateSL at BE
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