AUDUSD MULTI-TIME FRAME ANALYSLS
Hello Traders
Here is my view on AUDUSD.
WEEKLY TIME-FRAME
Description: Price closed with a strong bullish candle. This shows buying presence as buyers actually stepped into the market at this level
causing bullish momentum.
Bias: Bullish
DAILY TIME-FRAME
Description: On daily we can see we on a dominant uptrend as price is making higher high [another impulsive move] after breaking the resistance
turned support.
Bias: Bullish [ This confirm weekly time frame bias]
Trade Plan: We like to trade combos. Market should be telling us the same thing from higher time frame. We expecting a pullback as price hit our 2nd target of
Fibonacci Levels. We will be monitoring how price unfold when market open then we will react to what market reveal.
Here is my view on AUDUSD.
WEEKLY TIME-FRAME
Description: Price closed with a strong bullish candle. This shows buying presence as buyers actually stepped into the market at this level
causing bullish momentum.
Bias: Bullish
DAILY TIME-FRAME
Description: On daily we can see we on a dominant uptrend as price is making higher high [another impulsive move] after breaking the resistance
turned support.
Bias: Bullish [ This confirm weekly time frame bias]
Trade Plan: We like to trade combos. Market should be telling us the same thing from higher time frame. We expecting a pullback as price hit our 2nd target of
Fibonacci Levels. We will be monitoring how price unfold when market open then we will react to what market reveal.
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