Audusdbuy
AUDUSD AT THE VERGE.**ENG**
- Price reaching our current Higher High, we can see that the price is overextended and overbought.
- The best to do now is to wait for a lower timeframe confirmation of a reversal and enter then.
- If price breaks this level, ket the price consolidate first before entering long.
**PT**
- Preço a alcançar o nosso higher high atual, podemos também ver que o par está overextended e overbought.
- O melhor para fazer de momento seria baixar o timeframe e aguardar por uma confirmação de short.
- Caso o preço quebre, aguardar por uma consolidação antes de entrar long.
AUDUSD 4-hour chart analysis, uptrend continuation is likelyAUDUSD market structure is bullish. Price is also above the 100-period EMA on the 4H Chart. Price bounced up from the previous low. It is likely that the uptrend may continue to 0.7220.
I have already bought at 0.7100 and would be looking to add more buys if the price dips towards the buy area again. My TP is 0.7220 and SL is at 0.7047. Expecting a continuation of the uptrend beyond 0.7200 levels.
AUDUSD and Buy Area (23/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.