Multi Timeframe analysis of AUDUSD(long setup on 1H)
My long setup idea is based on the daily TF. Price around the bottom area of a range in the context of bullish uptrend.
Trading TF is 60m. I'll look for long setup once the downtrend line being taken out. Until then, I do nothing.
Pay attention to DXY.
Trading TF is 60m. I'll look for long setup once the downtrend line being taken out. Until then, I do nothing.
Pay attention to DXY.
Bình luận:
now, price hit the daily zone and in the 1H chart, price got some reaction to the zone, watch out the new yellow zone, once broken, look for long setups.
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As I expected, price violated the downtrend line as well as the control low. A perfect pullback long setup opportunity.
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Yesterday's pullback trade is a 1-to-2 trade. Now, trend continues that creates another opportunity to jump in as marked in the chart
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our patience finally pays off!
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Trend continues with repeated pattern
plan your trade and trade your plan
