AUDUSD - Daily Idea
Updated
I would like to see price tip this a little bit around the .66444 or at .66085 before make it's way up to the upside.
We have D-support at the bottom and we have
D-resistance at top playing into structure nicely. Doing a overall look of structure it sets back at a 23% which tells me this is a pretty hot market for it to give it a bit of a little of a push before it makes it way back up to the upside. Let's see how this plays out.
*Remember: Your Analysis is your Analysis. It's never wrong or right. Stick to yours and see what you see in the market. Everybody see's the market differently.
We have D-support at the bottom and we have
D-resistance at top playing into structure nicely. Doing a overall look of structure it sets back at a 23% which tells me this is a pretty hot market for it to give it a bit of a little of a push before it makes it way back up to the upside. Let's see how this plays out.
*Remember: Your Analysis is your Analysis. It's never wrong or right. Stick to yours and see what you see in the market. Everybody see's the market differently.
Note
Oh the 4hr it's showing two pushes to the downside, which i've said before. I would like to see price tip the bottom before making it's way up. So waiting for confirmation will be the best bet to trade it.
Note
Ext price completed to the 141. box 3 I will believe to finish with price to the downside. before making it's way back up to the upside. Plus is holding a 23 retracement, so price would probably go further down then we expected it to plus news will be happening so also using that to our advantage.
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