AUDUSD - 8 August 2022
As price still has a chance to continue higher to take out the daily IRL from the left, it's necessary to wait for 4H to show sign of bearish in order to build a trade idea for short as now demand is having the control in 4H.
Not looking for Long ATM unless 4H show me true bullish intention. Else, short is still consider pro-trend. As in 4HTF, demand is having the control, I decide to wait for further PA development.
Not looking for Long ATM unless 4H show me true bullish intention. Else, short is still consider pro-trend. As in 4HTF, demand is having the control, I decide to wait for further PA development.
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