AUDUSD Looking for mean reversion trade (SHORT TERM)

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Daily Chart seems over extended using 200sma Bollinger Band and RSI reacting at 25 oversold level although this could still push lower. If my predictions is right that the price could pull back to at least close to mean there could be an opportunity for a trade

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1hour execution timeframe I waited a pullback to a 61.8 fib from the range also at the rsi 100sma pull back for confluence


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PROTECTING TRADE NOW AS WE ARE STILL GENERALLY ON A DOWNTREND AND WE ARE JUST SPECULATING THE CORRECTION

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bollingersbandTechnical IndicatorspriceactionanalysisrsiindicatorTrend Analysis

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