AUD/USD HIGH PROBABLE REVERSAL, BULLISH
Price Action (Technical Analysis): Expecting price to either begin to Consolidate or Break Lower Lows. My bias on this analysis is to go long because this pair is rallied at our Monthly Support Zone. In the case that price begins to break higher highs & lows, an Ascending Pattern of some sort would be a great sign to look for a break above previous low (C Leg) then find entry reason at an exhaustion if confirmations present themselves. In the case price fails to give us any Candlestick Pattern Confirmation in the 4H/Daily/Weekly Time-Frames and continues to break below. This Idea will become Invalid, Breaking our Optimal Low Risk, High Reward Analysis. We Re-Analyze this pair with the Newly Presented Data and anticipate our next Golden Set-Up.
Fundamental Analysis: Will Analyze after price starts presenting us confirmations for this Idea.
Fundamental Analysis: Will Analyze after price starts presenting us confirmations for this Idea.
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