AUDUSD Longs
Monthly:
- former monthly resistance now turned support
Weekly:
- weekly showing a clearer picture of what monthly says.
Daily:
- over extended "M" formation on the daily,
- extended leg falls within weekly/monthly support zone
4hr:
- waiting for reversal
- double bottom structure formed, hinting a reversal
- entry: break and retest of structure with 0.382 fib confluence
- former monthly resistance now turned support
Weekly:
- weekly showing a clearer picture of what monthly says.
Daily:
- over extended "M" formation on the daily,
- extended leg falls within weekly/monthly support zone
4hr:
- waiting for reversal
- double bottom structure formed, hinting a reversal
- entry: break and retest of structure with 0.382 fib confluence
Trade active
Trade closed: target reached
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