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PULEMokhothu
Jan 8, 2024 11:42 AM

AUD/USD 0.66910 -0.23% LONG IDEA HTF BIAS 🐮 Long

Australian Dollar/U.S. DollarFXCM

Description

HELLO TRADERS
HOPE EVERY ONE IS GREAT A LOOK AT THE AUD/USD HIGHER TF PROJECTIONS FOR THE WEEK

DXY DAILY BIAS



* Should the DXY CONTINUE its bearish trend we looking for the AUD/USD to continue bullishly.
*Bias for the DXY IS STRONGLY BEARISH hence AUD/USD WE'RE STRONGLY BULLISH Sentiment wise

AUD/USD DAILY TF



Similarly to the EUR/USD
* We saw a Big indecision candle close on friday.
* Beautifully Rejecting off the +FVG.
* Looking for some push towards the downside to take internal range LQ/ discounted price
*PERFECT OTE for longs in continuation with the trend.

1H TIME-FRAME



* Today looking to clear some SELLSIDE a tap into that +OB.
* Looking for some bearish moves into HTF internal LQ before continuation with the bulls.

VIOLATION OF +FVG CHANGES THE WHOLE BIAS

HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW

lets see how it goes.

IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
Comments
LepzaTheTRADER
looks like Monday is already Rejecting
PULEMokhothu
Appreciate you @LepzaTheTRADER, seeing it
yechi770bh
I think it is still going to hit your price points.
PULEMokhothu
appreciate you @yechi770bh I honestly believe so DXY weakning would be the key to that bias but it's highly possible
TheFxAce
Your analysis provides a robust argument for a bullish investment strategy.
PULEMokhothu
appreciate it @TheFxAce, its been range bound but thats still the plan with a couple red folders today we will see if it pans out.
KINGLEPZ
playing out nicely hopefully it behaves
PULEMokhothu
appreciate you @KINGLEPZ, been range bound a bit awaiting those cpi pushes
JoeChampion
if we get a soft print in thursday then there will be more of a likelihood for the USD bearish trend.
PULEMokhothu
appreciate you @JoeChampion, Thats true a lot will probably be confirmed from thurs
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