overall directional bias is down the notes on the chart break down my bias and analysis on this pair
based on the market cycles i believe this what we should expect outta audusd this week
quick breakdown of the market phases
quick understanding of how i use trend lines when trading the forex market
very short video on how to place quarter levels
using wave identification to plunder the market
i just wanted to record a journal for a few backtest, feel free to give critiques
PLEASE CHECK ANALYSIS ON CHART ALL CRITIQUES WELCOMED
Market is in an overall uptrend price resisted closing over 150 after trying 5 times 1h chart shows bearish engulfing as well as red ema crossing blue as a bearish confluence price previously retested 149.50 as level of support , also structured at 78.6 level on fib price will retest 149.50 and then head to 151 level this week
based on trend analysis and fib analysis tell me what you think in the comments
the video is pretty self explantory, i project price to go in the region marked based on TDA done in video