AUDUSD, MULTIPLE TIME FRAME ANALYSIS!
Updated
Monthly:
Price is retesting a previous broken structure that now it is support so we could see
another bullish push.
Weekly:
Price is at the weekly lows and also at the monthly support.
Daily:
Price is at the monthly support and it is failing to break below so there is the possibility
that price is going to retest the broken structure on the daily.
4H:
We will be monitoring price action from a 4h perspective to look for a possible entry and
if all of our rules are satisfied we will take a trade.
Price is retesting a previous broken structure that now it is support so we could see
another bullish push.
Weekly:
Price is at the weekly lows and also at the monthly support.
Daily:
Price is at the monthly support and it is failing to break below so there is the possibility
that price is going to retest the broken structure on the daily.
4H:
We will be monitoring price action from a 4h perspective to look for a possible entry and
if all of our rules are satisfied we will take a trade.
Trade active
Monthly: Weekly:
Daily:
4H:
Trade closed: target reached
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