AUDUSD Retrace
Bullish AUDUSD 4H and H1 Structure. Higher timeframes show more upside is possible.
Confluence for PRZ 61.8 to get hit on this retrace. Not taking any countertrend trades right now, waiting for a Bullish Engulfing variation at on the for PRZ's. (Price Reversal Zones)
Confluence for PRZ 61.8 to get hit on this retrace. Not taking any countertrend trades right now, waiting for a Bullish Engulfing variation at on the for PRZ's. (Price Reversal Zones)
Note
Alert set on the H4 support (green)Note
at one of the PRZ's*Note
Solid rejection of the 61.8 PRZ from a 1H bullish engulfing candlestick (more buyers than sellers)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.