Rejection of support zone creating a potential new high low
Support zone being tested after a new Higher High was created
Audusd Multi time-frame analysis from monthly down to daily. ( Educational ) I look for entry criteria on 4hour time frame and down. This video is for educational purposes
CHANNEL CONTINUATION . MINOR STRUCTURE BEING FORMED WITHIN THE MAJOR STRUCTURE.
NEW LOWER LOW WAS CREATED SO I NOW WAIT FOR THE RETRACEMENT FOR FURTHER DOWNSIDE
A B C , WAITING FOR A RETRACEMENT AFTER A NEW LOWER LOW WAS CREATED
THIS IS A A,B,C FORMATION AND EXPECT FURTHER DOWN DOWNSIDE AFTER A NEW LOW LOW WAS CREATED
TRENDLINE WAS BROKEN , REJECTION OF THE RETEST SO I ENTER BASED OF MY ENTRY CRIETRIA
After ascending trendline was broken , waited for the retest for furthur downside