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BlzsFX
Jan 12, 2023 6:27 PM

AUDUSD Bullish Market Structure on H4 Long

Australian Dollar/U.S. DollarFXCM

Description

This is a bullish market structure with higher lows and higher highs, the price confirming the previous low risk entry orderblocks. Took the trade on the second one(H4 orderblock) after being sure about price direction. The target was previous high, but price made BOS and pushed towards to the upside. Todays CPI pushed the price higher, after confirming orderblocks on lower timeframes and stophunt. Eurusd and other bigger pairs had the similar price action (.../USD pairs)
Now i am waiting for pullback, and then wait for opportunities based on the market structure, that can turn downside. Personally, i see a swing market shift to the downside failing to create a new higherhigh after current moves.
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