AUDUSD outlook

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A
@asuquokelvin - 2 hours ago
Quoted - godspowerdan

That's what I am sticking too

But sometimes price can be very manipulative and that's what it's doing now as if it's reversing but will definitely reach that low

N
@nsg_usd - 1 hour ago
Quoted - asuquokelvin

That will be a perfect plan , although price is still yet to react close to that demand I marked out with the rectangle

It's a valid long setup.
For me, I'll like to see it trade down a little bit more particularly the first demand zone sitting at the support, then I can look for confirmation and position to go long.
Entry: 0.6867
SL: 0.6852

A
@asuquokelvin - 1 hour ago
Quoted - godspowerdan

Yeah price is acting as though it wants to reverse

I just noticed it's reversing from the level you marked out, and that could be an invalidation to your sells

A
@asuquokelvin - 57 minutes ago
Quoted - godspowerdan

Yes that's the plan

But price is presently respecting that level

A
@asuquokelvin - 53 minutes ago
Quoted - godspowerdan

Yeah price is acting as though it wants to reverse

Not as if price is reversing made a bullish cisd already

G
@godspowerdan - 47 minutes ago
Quoted - asuquokelvin

But price is presently respecting that level

Price is looking like it wants to continue the bullish narrative

N
@nsg_usd - 28 minutes ago
Quoted - asuquokelvin

Am seeing a potential double top forming... which signals sells at the moment

Let's watch and see.
if price is not able to break above the resistance level at 0.6907 then it will form the double top and go for sells.

A
@asuquokelvin - 8 minutes ago
Quoted - godspowerdan

Price is looking like it wants to continue the bullish narrative

That is a very good approach just wait patiently to achieve it

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