Optimum369

20 Reasons For Long AUDUSD

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Multi years Bearish Trend is here
2:📆Monthly: making an insider high and low also rejected from monthly order block
3:📅Weekly: and weekly Choch is formatted, but the price does not confirm high yet. After a correction, prices are halted on the previous monthly low and equilibrium area so that there is a high chance prices can go high from here
4:🕛Daily: a clear up trend now 3rd move id started on the proper discount area and also forted appropriate price actions and structure setup

😇7 Dimension analysis
🟢 analysis time frame: H4
5: 1 Price Structure: bearish & market start forming lower high
6: 2 Pattern Candle Chart: equal lows at bottom long wick candles also lower high monthly weekly and daily lows also
7: 3 Volume:
8: 4 Momentum UNCONVENTIONAL Rsi: Rsi also shift their range from bearish to sideways properly
9: 5 Volatility measure Bollinger bands: Bollinger band in a tight squeeze /also proper w pattern is formatted so walking on the band is excepted
10: 6 Strength ADX: total neutral
11: 7 Sentiment ROC: Aud is more substantial than USD on the base on Rate of change

✔️ Entry Time Frame: H1
12: Entry TF Structure: bullish
13: entry move: impulsive
14: Support resistance base: H1 equilibrium support H1 last swing support or 2nd option H1 premium breaks
15: FIB:

☑️ final comments: Buy
16: 💡decision: LOng
17: 🚀Entry: 0.6780
18: ✋Stop losel:0.6695
19: 🎯Take profit: 0.7129
20: 😊Risk to reward Ratio: 1:4
🕛 Excepted Duration: 10 Days

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