I analyzed the Australian dollar in the online community on 10/20.
This is an analysis from a somewhat medium-term perspective.
My analysis covers about a few days to a week.
Analyses of price ranges farther out are not realistic for day trading.
I anticipate and form scenarios for price levels where a rebound may occur.
I have always stressed how important the place of rebound is.
Being able to identify a rebound location means reading the price movement itself.
Pullbacks, retracements, stop losses, and exits — what individual traders want to know is how to identify these rebound locations.
Identifying rebound locations = forecasting ahead
Those who understand this importance will feel it when they take the tutoring course!
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10/20 21:32
Good job.
This is Australian dollar analysis.
It isn’t guaranteed to happen this way, but selling from the most probable area where conditions align seems tasty.
If the previous week’s high is surpassed, there is the daily OB and the daily 50 Fibonacci.
Probably around here selling becomes easier.
Personally, I think it will be easier to sell after filling the FVG on the weekly chart ahead. 0.70745
This is the chart as of 10/23.
It is rising with the blue dashed line as support.
Going forward, I will watch whether it follows the scenario.
It is possible to take a pullback to the rebound area.
If the lower time frame aligns, there may be long entries.
That is a trading method that becomes possible because one can consider the possibility of a reversal.
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