15 Apr '21: AUDUSD Ent. (1H:Bonus):REDO

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On the 1H, there's a bearish div. forming with a doji at the end. Attempts to pinpoint the new, best entry are slightly out of focus. I would not be surprised if the entry was located in one of the Fib. confluence zones (0.886, 0.786), though a revisit of my monthly line is still possible. Given the noise in the signal, and the adjacency of relevant levels, I'm not sure there's much of a difference. The upward move being nearly certain, I do not expect worse than a higher drawdown than necessary if a buy were placed in one of these zones.

As before, [1H]Swing(0) simply refers to the present price swing on the hourly chart. All possible entries are marked. Several Fib. lines overlap previously identified zones. Colors are as follows:

0: Gray
0.114/0.886: Orange
0.236: Red
0.382: Yellow
0.5: Green
0.618: Blue
0.786: Purple

Let's see how far it runs...
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My buys have not changed. If I miss this one, I will reassess.
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Solid Fib. lines correspond to the upper Fib. retracement with the higher low bottom. Dotted Fib. lines correspond to the retracement with the lower low.
交易结束:到达目标
TP1 reached before a retrace. Nearly retesting the monthly support again. Still a believer in this trade and other longs against USD, but will be looking for a new entry, or to verify previously identified entries, to be entered later this week after DXY finishes a brief consolidation.

If DXY turns around, will reassess.
Chart PatternsTechnical IndicatorsTrend Analysis

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