Technical Overview: - AUD/USD Check out our previous posted analysis As mentioned, we have tapped into our POI which is where was buy orders resting from the big suits and ties
As price is starting to reach our longer term target mentioned from previous analysis, we are not adding to our position simply because price is currently too high for us to so. As investors, we need to find where price is most likely going to stop to get gas before continuing the ride.
HTF - Price is in it's bullish momentum targeting weekly target which we had labeled as our long term target. We do expect price to start to see bearish momentum kick in once we do reach our selling pressure zone.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest. If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈 Trade with the manipulation👾
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