audusd h4 overview of key s/r levels bulls/bears

2023년 6월 7일

🔸Hello traders, let's review the 4 hour chart for AUDUSD today. Previous analysis was invalidated
and risk/reward shifted in bulls favor mid-term. the current price structure resembles inverted
H*S and therefore I recommend to focus on buying dips after pullbacks.

🔸Short-term expecting more gains as bulls retook control recently, potential re-test of strong
s/r level overhead pending near 6750. bears should focus on shorting from resistance while
bulls should wait for a pullback after re-test near 6750 and then buy low after the pullback.

🔸Recommended strategy AUDUSD: bears short from mirror s/r level at 6750 SL 40 pips TP1
+ 80 pips TP2 final +140 pips at 6625. Bulls wait for pullback and buy low near 6625, SL 40 pips
TP1 +80 pips TP2 +160 pips final TP bulls is 6800. good luck traders!

🎁Please hit the like button and
🎁Leave a comment to support our team!

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

2023년 6월 7일

노트

higher risk strat: market buying near current price TP 6750