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Aud news in 4 hours Correlation with AUD weakness

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AUD news in 4 hours Correlation with AUD weakness

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Aud News in 4 hours Correlation with AUD weakness

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AudCad Sell

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UJ Sell

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FU CANDLE SWEEPS THE LOWS, THEN FLIES AWAY FROM PRICE, IS NOT COMING BACK TO THE FU CANDLE TO MITIGATE OUT.

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MITIGATION BUY

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MITIGATION SELL

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4H level of equal lows, retail stops below, sweep stops and then take off to the upside. Final target to fill in the imbalance.

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PICTURE

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DETAILS IN PIC

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DETAILS IN PHOTO

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INFO ON SCREEN

10:12

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This one's for you Pete

EsotericTrader Updated 

Not a fan of how this pair moves on the 1h timeframes, but on the 4h can make some awesome and fluid moves. This is something I spotted over the weekend and I waited to see what price would do during the London session of Monday morning. This allows price to get back into its movements and help us understand direction a little better. Especially on the 4h...

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So it looks like after our more most recent news event we had a massive push to the upside for price, looking like we could have some momentum to the upside for a while. Within that push to the upside we had a Higher High and Higher Low being formed and now we are currently sitting with our fib structure setup. Down below are the confirmations for me getting into...

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Technical Analysis: This is a riskier trade than usual, price has already reached 100% but has not closed beneath it. These trades offer the best risk to reward ratios but should be used sparingly and only entered with small risk and one position. But another reason I took this trade is because the NZD and AUD correlation looks to be bullish according to the...

EsotericTrader Updated 

Technical Analysis: -Price broke longer term downtrend and is now retesting it on the backside -Area of broken resistance now looking to be treated as support -Uptrend forming, looking for price to respect the new uptrend -Had a big bullish candle on the retest of the downtrend *Double Whammy trade* I think I may have taken this trade a little early, I did...