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TheRavensForex

AUDUSD Daily Buy - trendline broken, consolidating for bullish

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Dollar Australia / Dollar AS (FX:AUDUSD)  
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FX:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Last week, the major trendline of AUDUSD was broken, and it has since entered a consolidation phase while attempting to form a higher low bullish wave. If a 15m bullish candle accumulates, it could provide a daily entry opportunity during the Tokyo session. Alternatively, if selling pressures are detected at market open, we can wait for AUDUSD to retest the previous low and a major rejection signal before considering it as a golden entry opportunity for this week.
Trade aktif:
Komentar:
Although it was running smoothly, I closed the trade at the entry due to the market being too volatile, 0% gain.
snapshot
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