AUDUSD H2: Best Level to SHORT/LONG +100/+150(SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT as I'm expecting more losses before reversal later near PRZ (BULLS).
πΈ Summary and potential trade setup ::: AUDUSD 2hour/candle chart review ::: XABCD bulls in progress now ::: updated/revised outlook ::: still not late to SHORT IT ::: expecting more losses short-term ::: SHORT at MARKET exit +130 pips ::: Bears TP is point D/PRZ at 7600/7620 ::: recommend to SHORT/HOLD ::: recommended strategy: SHORT/HOLD PRZ/D ::: TP BEARS is 7600/7620 ::: later flip LONG 7600/7620 ::: TP BULLS is TP1 +75 pips TP2 +150 pips ::: higher risk strat: SELL AT MARKET ::: TP is 7600/7620 ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders πΈ Supply/Demand Zones ::: N/A ::: N/A πΈ Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: BULLS