AUDUSD H4, wait for retest before entering buy...

Price is currently in a long term uptrend and has been making higher lows and higher highs. Price recently broke above the most recent swing high. Monitor closely for a potential retest to the support zone. If price pulls back into this zone, drop to a lower time frame and wait for a reversal pattern to form before taking this buy.
AUDUSDBeyond Technical AnalysisbreakandretestbreakoutChart PatternsmarketstructurepriceactionTrend Analysis

Also on:

Disclaimer