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sahniana
Mar 2, 2021 7:18 PM

M15 Supply Zone, Downtrend Pattern LH LL LH LL Short

Australian Dollar/U.S. DollarFXCM

Description

You can see Lower Low Break at H1 and M30. Smooth downtrend pattern LH LL LH LL, then price reversal. So I think current uptrend is for retest. Based on Bullish Engulfing M30 and H1 break, I found matching M15 Bearish Engulfing, in the same possible zone of M30+H1 SBR. Exit target is based on price level that connect lower H H H structure that breaks.
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