Expecting bullish momentum on AUDUSD
Mis à jour
Monthly timeframe
- Last monthly candle bearish rejection wick -> when looking at the zone that caused that bearish rejection not a single selling region was hit
- Inverse head and shoulders with a false break of the shoulder 1 region and currently trading back above
- If the bears want to kick in higher liquidity will be needed
Weekly timeframe
- Bearish market structure (first time break -> hardest thing for the market to do)
- Bullish fib from the double bottom in play
- Bullish indicational candle
- Bears are not kicking in
Daily timeframe
- Inverse head and shoulders as a scale-in for the bigger not yet completed bullish M
4H timeframe
- 5-leg fib completion as my entry criteria (proven daily supply and demand zone)
- Last monthly candle bearish rejection wick -> when looking at the zone that caused that bearish rejection not a single selling region was hit
- Inverse head and shoulders with a false break of the shoulder 1 region and currently trading back above
- If the bears want to kick in higher liquidity will be needed
Weekly timeframe
- Bearish market structure (first time break -> hardest thing for the market to do)
- Bullish fib from the double bottom in play
- Bullish indicational candle
- Bears are not kicking in
Daily timeframe
- Inverse head and shoulders as a scale-in for the bigger not yet completed bullish M
4H timeframe
- 5-leg fib completion as my entry criteria (proven daily supply and demand zone)
Note
Entry invalidNote
No longer interested in this particular setup after CPI and FOMC news
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.