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15 min AUDUSD
15 Min AUDUSD.
overall bias is still bearish.
Prior to current bearish engulfing, I was waiting to see if it would push up to retest the neckline inside 1 HR support zone. If it did I'd say bullish pullback due to 15 min support zone has been retested with a DB and bullish OBs.
I had the fib levels drawn in a yellow circle just in case if the current candle is a pullback to retest the 1 hr support. However it looks like price has created a bearish engulfing candle breaking 15 min support.
overall bias is still bearish.
Prior to current bearish engulfing, I was waiting to see if it would push up to retest the neckline inside 1 HR support zone. If it did I'd say bullish pullback due to 15 min support zone has been retested with a DB and bullish OBs.
I had the fib levels drawn in a yellow circle just in case if the current candle is a pullback to retest the 1 hr support. However it looks like price has created a bearish engulfing candle breaking 15 min support.
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