Price collapsed to the downside with the assistance of bearish order flow utilising order blocks.
Now that sellers have taken out buyer strength, we may see some retracement.
I will be waiting for a break of structure of the lower time frames before I look to buy back into some of the imbalance.
What are your thoughts on AUDUSD this week?
Now that sellers have taken out buyer strength, we may see some retracement.
I will be waiting for a break of structure of the lower time frames before I look to buy back into some of the imbalance.
What are your thoughts on AUDUSD this week?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.