AUDUSD - Possible Long Position

Please give me some feedback and let me know what you think.

Multi time frame Analysis

1D time frame price is in a Strong Uptrend giving a Long Bias
4H time frame price is trading in a Ascending Wedge and in a immediate Uptrend giving a Long Bias
1H time frame price is in a Uptrend respecting Trendline and 26EMA giving a Long Bias

Setup and Entry

Wait for price to retrace back to 0.50 - 0.168 Fib zone and bounce off 26EMA to go Long