AUDUSD: H4 - No Move Till Retrace to 0.712 #Forex @TradingView
AUDUSD: H4 - No Move Till Retrace to 0.712 #Forex @TradingView
So, most times that I see price is about to break structure I switch my analysis...
BUT here on AU I do not believe we will see more highs after this move I see this breaking structure here yes, but will still BEARISH on AU ...
Just do not know how far price will retrace...
The reason I do see price pushing past the last High at 0.700 is because of the speed of this pull back
but def do not see it going past 0.72
After I see price go to about 0.712 then I will be looking for my sells...
So, most times that I see price is about to break structure I switch my analysis...
BUT here on AU I do not believe we will see more highs after this move I see this breaking structure here yes, but will still BEARISH on AU ...
Just do not know how far price will retrace...
The reason I do see price pushing past the last High at 0.700 is because of the speed of this pull back
but def do not see it going past 0.72
After I see price go to about 0.712 then I will be looking for my sells...
Comment:
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