AUDUSD long opportunity
1 On the monthly the market is in a up AB rejecting the 78.6 retracement level.
2 To confirm the market is bullish we need to break the daily trend line
3 the market to form a higher low
4 the market to form a new higher high
My first indication is a fake out on the 4 hour wish indicates the market is bullish.
daily hit the 127 Extension level so I expect a retracement to at least the 38.2 or 50 %
wish also is the retest of the triangle on the 4 hour
2 To confirm the market is bullish we need to break the daily trend line
3 the market to form a higher low
4 the market to form a new higher high
My first indication is a fake out on the 4 hour wish indicates the market is bullish.
daily hit the 127 Extension level so I expect a retracement to at least the 38.2 or 50 %
wish also is the retest of the triangle on the 4 hour
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