Here we have a nice set up for AUD/USD. On the weekly chart we see a nice doji followed by a bullish engulfing candle at support (0.665). I am expecting for price to pull back to my green zone(buy zone), where I will be entering long after price action confirmation, or I will be entering long once we break the current downtrend(blue).
Kommentera:
Price is now in my buy zone. Please watch for price rejection(wicks, dojis, engulfing candles...)