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AUDUSD - Potential Long

134
On a higher tf, price is sitting on a discount area (gray zone).
We see weakness as shown by AO through divergence.
On a lower time frame, we see a trendline being broken upwards.
This can be considered a change of character. (two previous highs were taken out - yellow lines).
If the price will continue to go up, it could tap into the nearest discount zone (black zone), before continuing upwards.
ノート
daily tf, a huge beairsh rejection as seen through a wick. this setup could fail.
ノート
remapped chart - ibb.co/k0ZCDcW
ノート
result - ibb.co/GQdn0SL

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