AUDUSD: H4 - No Move Till Retrace to 0.712 #Forex @TradingView
AUDUSD: H4 - No Move Till Retrace to 0.712 #Forex TradingView
So, most times that I see price is about to break structure I switch my analysis...
BUT here on AU I do not believe we will see more highs after this move I see this breaking structure here yes, but will still BEARISH on AU ...
Just do not know how far price will retrace...
The reason I do see price pushing past the last High at 0.700 is because of the speed of this pull back
but def do not see it going past 0.72
After I see price go to about 0.712 then I will be looking for my sells...
So, most times that I see price is about to break structure I switch my analysis...
BUT here on AU I do not believe we will see more highs after this move I see this breaking structure here yes, but will still BEARISH on AU ...
Just do not know how far price will retrace...
The reason I do see price pushing past the last High at 0.700 is because of the speed of this pull back
but def do not see it going past 0.72
After I see price go to about 0.712 then I will be looking for my sells...
Note
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Related publications
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.