VladimirRibakov

AUDUSD Buy Idea

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FX:AUDUSD   澳元/美元
Until H4 range holds, we can try buys from the bottom of it.

We can look for buys around the blue line which is the W1 breakout, if it pushes lower for double wave correction rather than flat correction.

Sell Scenario:

if the price breaks below the current H4 range we can look for sells towards 0.7670-0.7750 zone.

We can start looking for buys once we get a hint where the potential reversal might be happening in the form of bullish divergence on M15/H1 time frames.

IMPORTANT - if the risk:reward is not good, simply skip this trade.

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