Hi Guys
If you look carefully at the chart of AUD/USD in the H4 timeframe, you could see some signs of reversing to the bullish trend.
I prefer to tell you the WoW Trade strategy that is happening in this chart.
First of all, the price has touched the Daily demand zone for the first time we can say it is an FTB.
Second, the price is making some kind of falling wedge that shows us that the bearish trend is about to end.
Third, the reversal 3 drive tells us the price is making 3 bottoms and then an uptrend is begun.
Be careful
The most important thing is that you have to wait till the price breaks the bearish trendline and pull back to the break even.
Then you could take the long position.
Sincerely,
Hosein Poursaei
If you look carefully at the chart of AUD/USD in the H4 timeframe, you could see some signs of reversing to the bullish trend.
I prefer to tell you the WoW Trade strategy that is happening in this chart.
First of all, the price has touched the Daily demand zone for the first time we can say it is an FTB.
Second, the price is making some kind of falling wedge that shows us that the bearish trend is about to end.
Third, the reversal 3 drive tells us the price is making 3 bottoms and then an uptrend is begun.
Be careful
The most important thing is that you have to wait till the price breaks the bearish trendline and pull back to the break even.
Then you could take the long position.
Sincerely,
Hosein Poursaei