Hi traders:
Looking at AUDUSD for USD bullish potential move.
We see price has been in this overall HTF correction, moving the price up and down.
Latest price action show a double top on the HTF, and price impulse down.
We then get this larger type of channel structure, correcting the price once again.
I see 2 possible sell options
either another push up from the price to the recent double tops area and look for reversal price action.
or
wait for the bearish breakout, and LTF corrections to enter.
Thank you
Looking at AUDUSD for USD bullish potential move.
We see price has been in this overall HTF correction, moving the price up and down.
Latest price action show a double top on the HTF, and price impulse down.
We then get this larger type of channel structure, correcting the price once again.
I see 2 possible sell options
either another push up from the price to the recent double tops area and look for reversal price action.
or
wait for the bearish breakout, and LTF corrections to enter.
Thank you
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