4 hour OB being approached and this is considered an instituional level where we can look for reversal confirmation to the downside .
-Overall Aussie Dollar is in a downtrend
- We will wait for a confirmation on the smaller time frame[ on m30 ] and see if levels are being respected
-Overall Aussie Dollar is in a downtrend
- We will wait for a confirmation on the smaller time frame[ on m30 ] and see if levels are being respected
Trade active
The market retested on our AOI just a pip below our entry and still giving us a bearish structure .-I am expecting momentum from Aussie dollar today and our Next Area of interest (AOI) is a retest at 0.64500 which is a quarter point and we can mark this zone as our sell levels of scaling in to the downside .
Trade active
Trade active
The market has retraced to my Area of interest - NY open
Looking to see if this will be a reversal zone throughout NY
- Keeping in mind Today is Monday open to new Week
Order cancelled
The market respected my main AOI and it is still forming a bearish structure . Anticipating a weak Aussie in the meantime i do not have any active positions
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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.