AudUsd Trade Idea

3 Okt

I sent out a short set up for AU. I talked about price being bullish on the higher time frame until price tapped into 69350 where we had a clean break of those bullish structures on both the higher and lower time frames. I would've gotten stopped out on the original retest but I waited for news to hit and let price settle. If news hits you can still enter as long as your're in the RIGHT direction. Just wait on price to create that wick before entering. At the moment price is now giving us a new 4hr bearish candle. The daily candle is currently bearish as well so we could expect price to dump from here. We'll see what happens.