AUDUSD Short term Buy ScenarioAUDUSD finally gave us confirmation on both lower and higher time frames. We can wait for a retracement to enter a short-term buy setup. This setup is suitable for high rewards, though I’d recommend a max of 2R since we still need more confirmation from the higher time frames. It’s expected to be bullish in the coming days or even weeks.
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.