AUD/USD - Short Term Buy/Long Term Sell?!Long Term BEARISH!
Long Term we are selling, although we could be looking for smaller short term buy positions into the supply zone or possible to hold further.
Currently we have sellers momentum in the 6H TF, I would be possbily looking to trade up into the supply whilst holding sellers momentum for a counter trend trade before possibly looking to sell into sell side liquidity
Price is currently in a range but also a Bullish parralel channel meaning we are consolidating on the Higher TF meaning we are going to be getting a price run soon
Just which supply will that be and how will we spot it, follow me and find out. Will be updating this trade plan this week