We have bought AUDUSD at 0.687x and fortunately, it made a good bounce :) from our entry. What's next, now we are waiting for price action at 0.691-693 to confirm the low of the daily chart.
Weekly Support Zone Waiting for a Bullish Signals => BUY
NOTE: All of my plans, you have to be patient to wait for the price close to the EXPECTED ZONE. Then you should WAIT FOR REVERSAL CANDLES or PATTERNS on the low timeframe before EXECUTING ORDERS. Please LIKE and Leave a COMMENT!
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First time to touch EMA 100 on the H1 chart. Short-term target is 0.691x with 40+ pips from our entry
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A bit rejection from 0.693x, RS on H4 chart
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Assume 0.686x is the big reversal point, 0.689 - 0.6905 must be held and we will make HIGHER HIGH very soon
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Good news about election could not boost Aud. Now we will trade inside this range.
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Great Reward/Risk ratio to BUY
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This range trading works very well:)
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Now i think it will test 0.689 - 0.69 again
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Failed at level 0.6905 again
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The price went up and down in the range with the target of this swing is 0.693 It is called sideway structure, quite boring but safe profit :). Note that we only go Buying not Short-Selling
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Going up as planned
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First target reached. Now waiting for price action at this zone
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Still in the support zone but it looks quite weak
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Range trading again
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30 pips done
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Next target 0.697
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Almost reach target
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This analysis took too long so I will not update it anymore. If it makes a correction then I update you with another analysis. Congrats followers for great trade again:).