GBPAUD coming off a strong push up from last week. . .
I can see a correction/retracement into back to key zones of Interest before going up
Wyckoff accumulation possible spring pushing up then possibly correcting into a "spring Range " for Reentry Buy opportunities . . . .
Set alarms for key zones 1.795-1.79000 (half & Quarter LEvels alarms for buy in if price...
Would like to see the DXY pullback a bit before continuing to the upside. Looking to play AU and GA; will look for negative and positive inter-market correlations as confirmations at the same time respectively. Accumulation and Distribution smaller time frame fractal snipes will be my plays.
US Dollar Index could possibly play off the zone of Interest (Box Area); I use the Dollar Index as an indicator for my entries on Forex pairs; Positive and Negative correlation relationships. If DXY confirms on to the upside on lower time frame fractal the AUDUSD-NZDUSD will confirm to the downside at the same TIME on lower time frame Fractals. Which in part have...
The gap could be filled just to continue upwards
the gap could be filled and passed thru on to the downside
Price action will be key in order to solidify bias . / /
