There is some NZD strength coming in for this week. So I knew I would be looking for longs following a break of structure. Additional confluences that we have seen is price is above the 50 EMA and the 50 level on the RSI
AUD/USD Bullish for the week of 03/06/24 All confluences there so far
Multiple wick rejections of the 1 hr support, with bullish hidden divergence on the 15 min
Hey guys, i’m back! Reasons for trade: 1) Break of Structure 2)Imbalance Now just waiting for my limit order to get hit at the 0.71 fib level
1) Overall Bullish Structure 2) Demand Zone Very simple trade! Lets see how it works out!
Simple trade, structure broken to the downside, with fib rejection.
