TraderDominik

Timeframe Analysis AUDUSD

FX:AUDUSD   澳元/美元
Since the M15 became a downtrend and the retest was too fast, there was no confirmation of entering the first resistance, which I called in the previous idea. At the moment we are on a 100% fibo M15 structure and if no confirmation occurs here I will not enter the short position. On H4, this breakout turned out to be a tested candle, so I expect a higher retracement of H1, which will allow us a better RRR after entering the first short trade. There is a fairly high probability of continuing the H1 countertrend before we can enter the sales position with speculation on new LL H1 structures.


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