AUDUSD MID TERM VIEW | 1H
AU printed a buy setup for me which I'm playing, currently scalling in.
Major inducement + HTF RBR mitigation + LTF 2WT
I don't really see AU going further down in the near future.
I'll be updating my AU view if something changes.
2WT = 2 Way Trap
RBR = Rally Base Rally demand zone
Arrows = Inducements
Major inducement + HTF RBR mitigation + LTF 2WT
I don't really see AU going further down in the near future.
I'll be updating my AU view if something changes.
2WT = 2 Way Trap
RBR = Rally Base Rally demand zone
Arrows = Inducements
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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.