The AUDUSD represents an example of 'hairy levels'. What I mean by that is simple; some price levels are not strong and therefore cause small bounces. Some are more concrete and will provide better levels for Longs. In either case, you need to know how they work so you can adjust risk and trade long term. Watch for more
So tomorrow brings various news events; GDP for GBP, Canada employment and US Consumer Sentiment (hopefully some volatility to move markets).. After the sharp down move in GBPUSD recently the rebound takes us to pre determined early shorts. Market now falling so look for bounce light (scalp) longs. Levels for further investor longs / Higher shorts...
Top-down analysis on GBPUSD. Price action & directional bias. Structure analysis & thoughts. ❤️Please, support this video with like and comment!❤️
Daily/4h time frame analysis on AUDUSD. Bearish accumulation & my plan to trade it. Thoughts & tips. ❤️Please, support this idea with a like and comment!❤️