AUDUSD pending prorfit for buy limit or zone breach?
We are seeing that currently, we placed our fresh major supply and demand zones in our trading pair AUDUSD , It has yet tp be breached with price and hence we have an untouched zone deemed worthy of being a confirmation for a reversal since our extension area. ANd on top of that, we had heavy major resistance that held up around then 0.69858 area and it has not failed since. we are seeing a re-test upon market open and see either a break below the support area to breach our demand zone.
We are currently in a nuetral position with this trading pair and we are looking to go either long or short based off what price action is going to be telling us..
we have the coordinates on each of my zones, in (AQUA) colour so you can see exactly where my zones are...
This will be done with all my supply and demand zone analysis for today only until we exeucte our positions.
Watch and wait for either our supply and or demand zone has been Penetrated with price
We are currently in a nuetral position with this trading pair and we are looking to go either long or short based off what price action is going to be telling us..
we have the coordinates on each of my zones, in (AQUA) colour so you can see exactly where my zones are...
This will be done with all my supply and demand zone analysis for today only until we exeucte our positions.
Watch and wait for either our supply and or demand zone has been Penetrated with price
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