swftysloth

possible bounce from fib level

Long
swftysloth Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Starting with the 6 and 8 hour time frames we have hidden bullish divergence, we are at a value area low, market structure imbalances have been taken out so we could see market structure turn bullish again soon.
Comment:
Market structure has broken through the Value Area Low while removing Hidden divergence. expect more downside into fvg before a large retracement to collect imbalance.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.