AUDUSD. Intraday A.I Trade.
Updated
AUDUSD has an intraday long opportunity based on my A.I time prediction strategy.
There are a lot of things coming together at the same time.
1. We have had a 120 point drop from the recent high with no 38.2% pullback yet.
2. We have the 89% retracement from the recent low and high 15m chart. This gives us a very low risk opportunity to see if its right.
3. There is an A.I expected turn area at 1200pm Jakarta time. If it is right then I'm expecting a 38.2% rally, or a rally into 830pm which ever happens first.
A short term trade with a great R/R ratio.
This strategy is time based not price, This is why I'm looking for an 830pm time not price.
If it goes sideways for 30mins or more then the set up will be invalid.
There are a lot of things coming together at the same time.
1. We have had a 120 point drop from the recent high with no 38.2% pullback yet.
2. We have the 89% retracement from the recent low and high 15m chart. This gives us a very low risk opportunity to see if its right.
3. There is an A.I expected turn area at 1200pm Jakarta time. If it is right then I'm expecting a 38.2% rally, or a rally into 830pm which ever happens first.
A short term trade with a great R/R ratio.
This strategy is time based not price, This is why I'm looking for an 830pm time not price.
If it goes sideways for 30mins or more then the set up will be invalid.
Note
Last level of support
Note
Turned out to be an inverted pattern. Will get the next one. Small risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.