The Aussie gained a little bit of strength last week, pushing up and above prior price structure resistance we can see to the left of price.
I am looking for this bullish run to continue, but I want to enter on a retest of price structure support.
If we can get that in the form of a drawback and a good support candle form, then I'll look to get long.
If we look on the far left we've had some price structure we can aim for in the even that this bullish form continues.
If we fail to continue to hold bullish signs or we fail to get a drawback for a good entry, this setup may become invalidated.
I am looking for this bullish run to continue, but I want to enter on a retest of price structure support.
If we can get that in the form of a drawback and a good support candle form, then I'll look to get long.
If we look on the far left we've had some price structure we can aim for in the even that this bullish form continues.
If we fail to continue to hold bullish signs or we fail to get a drawback for a good entry, this setup may become invalidated.