The US DOLLAR is about to see a SELL OFF soon. We are looking at AUDUSD LONG to take advantage of the US DOLLAR drop.
#1 We expect the rally to begin from the current leg and SL below the key zone.
#2 We expect a sweep of the last LOW before the IMPULSE LEG begins.
Overall we are looking at a potential ride of about 250pips.
DON'T MISS IT!
GBPUSD is correcting in a BULLISH environment, we are looking to position ourselves for the next IMPULSE LEG.
We want to see GU clear the PREV.LOW level (STOP HUNT) and this is where we want to take a BUY for the 400pips rally.
#1 ENTRY (Risk Entry, Good Reward) -: Entry LONG when price gets close to 200EMA on H4
#2 Entry (Confirmed Entry, Minimal Reward)...
