AUDUSD 18 Nov 2022

AUDUSD 18 Nov 2022

AUDUSD 18 Nov 2022. AUDUSD on the H4 timeframe, after previously there was a trend reversal on R1, this pair failed to touch the SMA-30, and immediately bounced off at S1.

Referring to the MFI indicators that are starting to bounce and the fractal indicators that have appeared, scalpers can consider go-long entries.

For confirmation, scalpers can wait for confirmation that Bear’s strength becomes positive.

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