AUDUSD Signal 7Aug2023

I have noticed a correction in the H1 timeframe. The most recent HH was unable to reach the SND area, resulting in a FTR (Failed to Return) and a subsequent drop in corrected prices. For this AUDUSD analysis, we can set up a buy limit in the SND area with a ratio of RR reaching 1:6. It is important to use a good MM.