The pair is currently on support and on the 4H TF a bullish pinbar has been formed.
We have a long opportunity untill the first supply zone.
ORDER TYPE: MARKET
TARGET: 6.06922 📈
STOP LOSS: 5.96638 ❌
Trade safe! Follow for more ideas!
After breaking out of a falling wedge, I am really Bullish on this pair. This post need no explanation, If you like this post.. do help support me by Liking, commenting and you could follow for more hidden analysis.
I think we need aud to drop a bit more before we can enter in a buy position with it as the RSI is getting a bit overvalued and also it broke down of its wedge pattern. What do you think? Leave your comments and likes below. WARNING! I am not a financial adviser and take this advice with a grain of salt. Tell me what I should analyze next!
Hello everyone, we are back with another blog post, this one, being at a completely reasonable time for once. It is a beautiful Saturday and I look forward to charting quite a bit as a way to prepare for this coming week. I have a feeling that these next couple of weeks are going to be quite exciting, but only time will tell!
Elliott wave analysis: It appears to...