AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Looking newly bullish on AUDUSD 4hour and we’re looking for higher lows above 0.70000 with strong bullish candlestick setups to enter on. Look to target higher toward 0.71700.
Trade scenario 2: For us to consider AU bearish again on the 4hour we need to see a break below 0.70000.
If this happens look to enter short on a lower high with strong bearish setups.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Looking newly bullish on AUDUSD 4hour and we’re looking for higher lows above 0.70000 with strong bullish candlestick setups to enter on. Look to target higher toward 0.71700.
Trade scenario 2: For us to consider AU bearish again on the 4hour we need to see a break below 0.70000.
If this happens look to enter short on a lower high with strong bearish setups.