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1 HOUR Explosive market open and break above previous highs.
4 HOUR Very bullish price movement without a pullback, we need a drop for sure.
DAILY Bearish / sideways moving market with several pullbacks, this wave found its resistance now and need to drop shortly!
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FOREX SETUP SELL AUDUSD ENTRY @ 0.69510 SL @ 0.69900 (40 Pips) TP @ 0.68850 (65 Pips) RR: 1.70 Use normal Risk (1% per Position) (Remember to add a few pips to all levels - different Brokers!)
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@DACapitalTrading, I still not check audusd . I have eyes on gbpusd , eurusd, eurnzd and audusd too . I just come online and analysing audusd after checking your setup and will update you soon with it. If you dont mind check my EURNZD SETUP i just uploaded and let m know your views ;