So this is audusd
I love this trade and I am looking for a great outcome from this pair.
Right now I am waiting for the price to break either the resistance zone or support zone, it is currently bullish so I am mainly looking for a buy
My rules are as follows
1. Price breaks out of the cloud
2. Lagging span breaks cloud which signals a full-on reversal
3. Break of structure which is in a downtrend must break a LOWER LOW and on an uptrend, the price must break the HIGHER HIGH
However this is a mid trend, the cloud is bullish so I am waiting for a break of structure
I WILL UPDATE ON WHAT HAPPENED <3
I love this trade and I am looking for a great outcome from this pair.
Right now I am waiting for the price to break either the resistance zone or support zone, it is currently bullish so I am mainly looking for a buy
My rules are as follows
1. Price breaks out of the cloud
2. Lagging span breaks cloud which signals a full-on reversal
3. Break of structure which is in a downtrend must break a LOWER LOW and on an uptrend, the price must break the HIGHER HIGH
However this is a mid trend, the cloud is bullish so I am waiting for a break of structure
I WILL UPDATE ON WHAT HAPPENED <3