AUDUSD Possible scenarios
HTF - The market has been moving in an ascending channel and just recently impulsively bounced from the bottom of it, which indicates bullish momentum.
LTF - Now we have 2 possible scenarios here, where we could bounce from the 4H Lvl and reverse the price or it could continue its bullish momentum to the top of the 4H TF structure and reverse.
Keep it simple keep it clear.
The dollar index is losing strength so I am more inclined to bullish momentum.
LTF - Now we have 2 possible scenarios here, where we could bounce from the 4H Lvl and reverse the price or it could continue its bullish momentum to the top of the 4H TF structure and reverse.
Keep it simple keep it clear.
The dollar index is losing strength so I am more inclined to bullish momentum.
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