8.16 aussie channel

17 de ago. de 2020

-W RES 0.7240 will be a key area
-pa currently at the lower TL of bullish channel
-pa has not broke the channel, latest closing was bullish which could lead to an upmove from lower TL

4h:
-daily support 0.7140 and 4h key zone (orange/0.7125support-0.7135resistance) in confluence with each other
*pa did not break either the zone or daily support level, pa instead made a fake breakout and bounced up from the lower tl AND support ZONES
-bearish ctl added
-pa bounced up from support & the lower TL, pa also kissed/retested CTL broken
-pa has now broke above the 4h resistance area, could come back for a retest if trend is truly bullish

1H/15m:
-more details of how pa retested CTL broken & couldnt break support levels, so now looking for 4h resistance to be retested as well maybe even a physical touch to lower TL again..PHYSICAL RETEST EITHER WAY!!