AUDUSD - Setups next week I have on my radar
Hello,
Firstly, the chart is a bit messy so if you're having trouble seeing this, I do apologies. To be brief:
There are several AB=CD setups, 3 advanced patterns on the 240, 60, 15 time frame. You'll need to draw the ratio levels yourself to see the confluence at the zones of interest.
I have several trade setups on my radar for AUDUSD next week.
For this shared idea, I have applied a CTS System (Combined Technical Scoring) that enables me identify and determine setups that provide the highest probability setups
I believe we're close to seeing the AUD turn from Bearish to Bullish but everything right now is being driven by policy.
Will continue to monitor price action this week before deciding. I also think GBPAUD is on the verge of a big move so this may provide more of a reason to look for shorting opportunities only and avoid long positions...we'll see how this goes.
Have a good weekend.
Firstly, the chart is a bit messy so if you're having trouble seeing this, I do apologies. To be brief:
There are several AB=CD setups, 3 advanced patterns on the 240, 60, 15 time frame. You'll need to draw the ratio levels yourself to see the confluence at the zones of interest.
I have several trade setups on my radar for AUDUSD next week.
For this shared idea, I have applied a CTS System (Combined Technical Scoring) that enables me identify and determine setups that provide the highest probability setups
I believe we're close to seeing the AUD turn from Bearish to Bullish but everything right now is being driven by policy.
Will continue to monitor price action this week before deciding. I also think GBPAUD is on the verge of a big move so this may provide more of a reason to look for shorting opportunities only and avoid long positions...we'll see how this goes.
Have a good weekend.