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VladimirRibakov

intraday AUDUSD Buy Setup[

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
VladimirRibakov  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD buy LONG false_break falsebreak Trend Lines
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audusd buy long false_break falsebreak trendline
There are two possible scenarios to buy the AUDUSD pair.

Scenario 1:
Wait for the price to enter the BUY ZONE on the H1 chart, wait for the divergence to complete itself (MACD tick up) and a bullish candle pattern to appear - then buy.

Scenario 2:
Drop to the M15 chart, wait for the price to enter the buy zone, let the price create a false break, then break above the most recent high, and only then buy during the correction.

Protection in both scenarios should be below last low created.

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