IDEA FOR AUDUSD ON 4HR
looking for price to retest the trend line. If price respect's the trend line we are looking for price to play on top of support area (yellow box where previous price was) and to also snap the support and run fully into the bearish direction, the bullish candles are getting tired, have made any new Higher Highs. So it might Allowing the bear to take over.
Now if price snaps through the trend line and comes back and retest that area we are looking for trend continuation to the upside.
NFP is tomorrow. I'll be sitting out on this one and looking to be preparing for the following week. Happy trading traders. :)
Now if price snaps through the trend line and comes back and retest that area we are looking for trend continuation to the upside.
NFP is tomorrow. I'll be sitting out on this one and looking to be preparing for the following week. Happy trading traders. :)
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