AUDUSD H4 trade
Hitting the market once it opens on Monday. Break of trend line & retest, fib retracement & pattern formation
Overall view
Monthly : Bearish
Weekly: Bullish, but entering second pullback on second leg, look for pattern & trend line to go long on 3rd leg & once more on 4th leg (safer), play up to monthly resistance at 0.7020
Daily & H4: bearish entering pullback 2nd leg, TP zone here could be start of 3rd leg, check fib retracement
Overall view
Monthly : Bearish
Weekly: Bullish, but entering second pullback on second leg, look for pattern & trend line to go long on 3rd leg & once more on 4th leg (safer), play up to monthly resistance at 0.7020
Daily & H4: bearish entering pullback 2nd leg, TP zone here could be start of 3rd leg, check fib retracement
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