AUD/USD 4H - As you can see above I have predicted this bullishness correctly from the offset, two weeks ago I suggested buying from the zone provided above which has played out perfectly.
Moving forward into this week I want to see this bullishness continue and trail us into our higher TF POI, I believe we will have a-lot of Supply there waiting to be introduced.
The introduction of this Supply should flip the Supply & Demand Balance and we should be delivered with the confirmation of longer term bearishness. This will be the beginning of the next higher TF impulsive wave taking us lower into the market.
My final TP target will be set at the previous extreme swing low as I believe price should come to surpass that anyways deeming that area a safe & achievable target to take profit!
Moving forward into this week I want to see this bullishness continue and trail us into our higher TF POI, I believe we will have a-lot of Supply there waiting to be introduced.
The introduction of this Supply should flip the Supply & Demand Balance and we should be delivered with the confirmation of longer term bearishness. This will be the beginning of the next higher TF impulsive wave taking us lower into the market.
My final TP target will be set at the previous extreme swing low as I believe price should come to surpass that anyways deeming that area a safe & achievable target to take profit!