AUDUSD - Reviewing and in summary some of the Live action for this pair amongst many in Jim M blog A handful of Heresy JPY Crosses
Display of Trend, Swing, Intraday, scalping with a fully comprehensive mix of Time Frames, Live commentary and entries ranging from 1 Hour Analysis to the advanced 1/20th of a second, or perhaps more famously known as Blink Charts when Forexmospherians traded at FXstreet many years ago.
AUDUSD M30 3B plus Bull Flag plus EPR MC = Bull in that frame
30 Second AUDUSD currently Inv plus Desc Tri plus MC plus DC = Bull in that frame with R sighted @7482
identified in this chart attached, However and going smaller still the 5 second charts EPR's H/S near the M.A.R.K. @7479
Far beyond a 5 Second chart the 1/20th of a Second Analysis- Long labelled below headed for the M.A.R.K
3B Dynamic Support Versus SymTri Resistance near the M.A.R.K
Breakout Either Direction causes the Bias and Bulls or Bears would show their hand.
SL set @ISSL
1 Hour Bulls have AU Still long but from 30 Min downwards its a sell story and conflict seen by whipsaw. Currently Standing down until resolved.
AUDUSD M30 3B plus Bull Flag plus MC plus EPR DC not confirmed = Bull NTZ in that frame
1 Hr Bulls Still have control.
Entry = IS with SL @ISSL
Holding AU long by about 18 pips and ready to let this one travel
1 Hr Bulls Still have control. M30 Chart attached along with the Data Translation and hold