did a simple but effective chart work here on the 1H timeframe, you can place a buy limit order on mentioned buy level.
all details on chart
trade wisely, manage your risk
heres another AUD pair setup, wonderful correlation with AUDUSD
1:4 Risk/Reward setting
trade with care, use proper lot size in relation to your account volume.
another potential setup for this week.
hope you like this one.
mostly i took my trades on tuesdays/wednesday NY session, so dont rush to enter until price action confirmation
same as my daily analisis, targeting 280 pips (neckline zone)
you can also enter at the break of the distribution zone ( box marked at top) or simply place a sell stop order after the retest of the breakout.
1:4 Risk/Reward setup
please use a moderate lot size according to your trading account
this one printed a rejection on 0.70000 institutional level, so we can expect aussie price to reach 0.63000 zone in the upcoming weeks.
this one is a good opportunity, we can see another clear rejection on the 78% percent fib level of previous HL
for now our target will be 0.88000 zone.
trade with care, use moderate lot size according to your account size
you can also enter at the break and test of the sideway distribution phase (green box) for conservative entries.
1:4 risk/reward
pair analisis based on price action
clear rejection on 0.70000 institutional level, with a break of trendline.
i expect price to reach 0.62000 in the following week.
please use a moderate lot size according to your account.
