AUDUSD was strong in 2018 and we were selling AUDUSD right from the top when it was at the 0.81. The fall was very nice and we enjoyed that fall very well.
Now its time to look for it to go back up and hit the 0.81 area again. . So we have enough price action on lower time frame for reversal. Which means we should look for correction on lower time frame for reversal on AUDUSD . You will have many buy opportunities on AUDUSD . In the same way the way you were having sells every time when it was correcting back and you guys were selling it.
How you can trade on this chart.
1. We are already having very nice strong impulse and if you missed the long from bottom then watch for the correction on lower time frame and go long.
2. Let the price test the bottom again and go long from bottom.
3. Wait for my updates. For these updates you can follow my weekly market outlook where i show how to look for buy. Or Simply wait for my lower time frame updates on AUDUSD .
We are expecting that AUDUSD will be strong in 2019.
This is the longer term opportunity which should not be missed.
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