After confirming the horizontal TR, we should wait until continuation or reversal of the main trend reveals. After that, one of the best indications for continuing our bias is to watch how price reacts to the parallel trend lines which described above.
As we see, We are in phase D in weekly timeframe. Because of that big bearish bar, it most likely the downtrend will continue to one of the resistance levels. So for long term investment it's better to wait for the BU to continue uptrend.
We are in phase D, so we can enter on previous HH breakout, or wait for LPS to happen.
For next days, I'm looking to short on AUDUSD. the final entries would be the points of specified pullbacks.
We are in phase B. This means that we have to do nothing! and wait for more information and getting to phase C.
As we see, the EU is showing the characteristics of phase D. So we should see LPSY (LH) and it should continue downward.
Wyckoff-ian Analyze of possible future trend for BTCUSDT - 27th June 2021