As you can see above in my last post the market respecting our analysis, AudUsd retraced to the exhaustion areas i was expecting.
Buyers entered the market which made the Daily candle have a big sellers exhaustion, now we can dive deeper and look at lower timeframes and see where we can have the confirmation. In this post i marked the areas im looking to enter the buys im waiting soo we can go in direction to our Big Target of the last post (0.71845) but i'm looking to make multiple trade to that Big target, as you can see in this post i have a intraday target first.
If it retraces to my areas im not entering blindly i'm waiting for some type of sellers exhaustion on the candlesticks and support formation.
If not i'm not rushing to take a trade.
Remember Patience pays you in this game!
Trade active:
Going as we expected, now let our patience pay.
Trade closed: target reached
