Mar 18 (edited) • General discussion
AUD/USD - New York Session.
As I highlighted in the morning session, the dollar made a break to the upside. It’s a strong dollar if it goes up in the morning G.M.T. AUD/USD had an unmitigated candle left behind after a few minor breaks of structure. Unmitigated candles are candles that haven’t been filled. Price action hasn’t come back to retrace and touch the candle to fill the area. It’s an area that needs to be filled by price action, and price action is a magnet for imbalance.
My take profit, or exit point, as it were, is another blueprint A1 set up for a buy opportunity further down. That could possibly be the buy for the nighttime session of a country with a time zone opposite to the dollar's.
A safe 300 or so points.
I will take partials and I’ll monitor this closely, but I need to go out and do some exercise. 👏
Entry - A Blueprint set up with an unmitigated one minute candle ✅
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AUD/USD - New York Session.
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