Waiting for potential sell trade before buying (AUDUSD)

Short

Australian Dollar / U.S. Dollar (FX:AUDUSD)

FX:AUDUSD Australian Dollar / U.S. Dollar

Price is likely to complete the Higher TF QM reversal for buying opportunity. By doing so, it has broken the Lower TF Higher Low, which i am expecting for price to test the Distribution phase and the Supply zone which was responsible for break of structure.

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.