alikze

Alikze »» AUDUSD | Pullback to broken structure

Long
alikze Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
In the 1H time frame, due to the fact that he took an ascending guard and moved to the bottom area of the previous range, and this return can be considered as a pullback to the broken structure, and now by creating an OB in the specified area, it can create demand In return, move to the specified areas of supply areas.
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Comment:
In line with the trend line, it made a correction to the green box area to collect its liquidity and is currently rising to the first supply area.
Comment:
According to the direction of movement towards the target in the supply area, it faced a positive reaction and caused selling pressure, which, as is clear in the chart, is moving in an upward channel in 1H time.

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