AUDUSD NY TRADE IDEAS 29.08.23
I go bullish on this trade and here is my reason :
daily price does create a double bottom, minor break of structure, break of moving average high
4h price do create a break of structure to the upside, CSA to upside as well as price above EMA20, this pattern also happen in 1h timeframe, with all the reason above, I perspective of the market is that price can go bullish at least mitigating the 1h supply and can potentially go more higher to daily EMA50.
daily price does create a double bottom, minor break of structure, break of moving average high
4h price do create a break of structure to the upside, CSA to upside as well as price above EMA20, this pattern also happen in 1h timeframe, with all the reason above, I perspective of the market is that price can go bullish at least mitigating the 1h supply and can potentially go more higher to daily EMA50.
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