AUDUSD Swing LONG for coming Month

28 thg 7, 2022

Move A never confirm our Swing Position by Bouncing back on 0.67500 Level. A confirmed swing is when price breaks the channel and comes back to test a major price support or resistance. Am expecting a very deep retracement with move B. To scalp the down move we can waiti for price to go below the channel. Expecting a 61.8% or 78.6% Fibonnacci Retracement.