AUD/USD 4H Chart Analysis – Targeting Bullish Potential

1457
We’re analyzing the AUD/USD 4H chart, where a new BUY signal has been triggered, indicating a possible bullish move ahead.

Key Observations:

- BUY Signal: Triggered at 0.67956, suggesting a potential reversal from the recent downtrend.

- TP Zone: The Take Profit zone is set between 0.68198 and 0.68416, offering a potential gain of 24 to 46 pips from the entry.

- Market Structure: Price is holding above key support levels, and recent price action points to weakening bearish momentum, signaling a likely move toward the TP zone.

Trading Plan:

- Bullish Scenario: If price continues its upward trajectory as expected, aiming for the TP zone between 0.68198 and 0.68416 could bring a favorable outcome. Monitor the price action for confirmations as it approaches these targets.

- Risk Management: Stay flexible and adjust your risk management strategy as needed based on market conditions. Always monitor your position closely and adapt accordingly.

Stay sharp and trade wisely!

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.