AUD/USD 30M Update - Who managed to get involved in buy positions today based on the analysis that was provided to you all yesterday? If you remember correctly, I recommended that looking to buy into this market was an option.
You will see from the screenshot how and where we could have looked to have got involved in this market, as you can see this execution would have been completely safe and we would have waited for all the confirmation needed.
Price broke structure to the upside as it produced a higher high and then went on to pullback into a valid demand zone, from there price has put in the bullish structure we want, so if you have not got involved in this market look to do so!
My SL is set beneath the swing low and my TP is set and the Supply zone I have found from the initial higher TF impulse that took us lower.
You will see from the screenshot how and where we could have looked to have got involved in this market, as you can see this execution would have been completely safe and we would have waited for all the confirmation needed.
Price broke structure to the upside as it produced a higher high and then went on to pullback into a valid demand zone, from there price has put in the bullish structure we want, so if you have not got involved in this market look to do so!
My SL is set beneath the swing low and my TP is set and the Supply zone I have found from the initial higher TF impulse that took us lower.
