long term short bias on AUDNZD base on Higher timeframes
ที่อัปเดต:
Market is forming an LH on Daily, Rejecting the 1.05452 area.
same goes to our reading structure timeframe, 4H, Firstly Market rejecting the PSY-Zone at the previous LH showing signs of sellers entering the market.
for confirmation we can see 1H is building up a sell setup. breakout of the trendline, next we are looking for break and retest of the support at the current price.
our entry will be base on 30 forming a LH since 30m Break of structure and we are on a downtrend, but as i go forward i will be watching the market movement for possible entry since it is a bit early.
This is my first Analysis posted here.
Hopefully it will be helpful.
same goes to our reading structure timeframe, 4H, Firstly Market rejecting the PSY-Zone at the previous LH showing signs of sellers entering the market.
for confirmation we can see 1H is building up a sell setup. breakout of the trendline, next we are looking for break and retest of the support at the current price.
our entry will be base on 30 forming a LH since 30m Break of structure and we are on a downtrend, but as i go forward i will be watching the market movement for possible entry since it is a bit early.
This is my first Analysis posted here.
Hopefully it will be helpful.
บันทึก
30m: Market formed a bullish engulfing and a Doji. let's see if the buyers can push the price to the 01.0533 zone,Then we could look for our sell setup.
บันทึก
Now we have the push of 30m to form a LH. Looking for a entry. will post a new idea on other Timeframes today.
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