PREPARING FOR THE NEXT BULL RUN
AUD/USD 1H - With this market we have been delivered with a break of structure to the upside as well as a penetration of an area in Demand. This gives us reason to believe that this market is going to provide us with bullish opportunities.
As you can see price has provided us with the bullish structure we predicted, now in order for us to take part in this market moving forward we want to see price pullback into a fractal area of Demand, giving us the ability to get involved with a refined entry.
Once price trades us down and into one of two areas of Demand I have marked out I would like to see price hold from one of them, accumulating and then going on to trade us higher, this deeming us a valid entry.
Its important as always we wait for entry confirmation, as we know this will come from a fractal break in structure after a penetration of one of two zones. I will keep you all posted.
As you can see price has provided us with the bullish structure we predicted, now in order for us to take part in this market moving forward we want to see price pullback into a fractal area of Demand, giving us the ability to get involved with a refined entry.
Once price trades us down and into one of two areas of Demand I have marked out I would like to see price hold from one of them, accumulating and then going on to trade us higher, this deeming us a valid entry.
Its important as always we wait for entry confirmation, as we know this will come from a fractal break in structure after a penetration of one of two zones. I will keep you all posted.
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