AUDUSD- chance to BUY with target 0.722 - 0.73
Updated
Price Action: Inverse Head and Shoulders D1(re-tested) - Inverse Head and Shoulders W1
Supply and Demand
Forecast: Demand Zone (D1-W1) Re-Tested and Inverse Head and Shoulders D1(re-tested) => Waiting Price action to BUY with Target 0.722 (Supply Zone D1-W1) and 0.73 (Supply Zone D1-W1 and Target Inverse Head and Shoulders D1)
Risk: Go Down, break Right-Shoulder => Fail Inverse Head and Shoulders D1
Supply and Demand
- W1: Demand Zone 0.705 - 0.712 (re-tested)
- W1: Supply Zone 0.717 - 0.73
- W1: Supply Zone 0.755 - 0.768
- D1: Supply Zone 0.722 - 0.73
- D1: Demand Zone 0.71 - 0.712 (re-tested)
Forecast: Demand Zone (D1-W1) Re-Tested and Inverse Head and Shoulders D1(re-tested) => Waiting Price action to BUY with Target 0.722 (Supply Zone D1-W1) and 0.73 (Supply Zone D1-W1 and Target Inverse Head and Shoulders D1)
Risk: Go Down, break Right-Shoulder => Fail Inverse Head and Shoulders D1
Trade closed: stop reached
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