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VladimirRibakov

AUDUSD Buy Idea

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
VladimirRibakov  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis AUDUSD buy Bullish Patterns Bullish Divergence falsebreak bullishconvergence bearishdivergence bearishhiddendivergence
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trendanalysis audusd buy bullish bullishdivergence falsebreak bullishconvergence bearishdivergence bearishhiddendivergence
H4 - False break with bullish divergence followed by higher highs, thus forming a bullish convergence. We also have bearish hidden divergence.

H1 - Price reached the critical zone, bearish divergence.

We may now look for pullbacks and then possible buys with bullish evidences.

Invalidation – This buy setup is valid until the low shown in the H4 chart (marked in pink line) holds.
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