Dollaro australiano / Dollaro
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Wave structure of AUDUSD in time frame M15

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4H is uptrend => current is internal bearish
M15 is uptrend => Currently it is breaking through a strong low swing and turning into a downtrend
We can sell down to the Order block of the 4H time frame
Nota
The price increased and swept past the previous peak but did not surpass the SMT then decreased and broke the bottom to continue the downtrend
Nota
After breaking the strong swing bottom, it signals the end of the bullish wave. Today the price continues to decrease
Trade chiuso: obiettivo raggiunto
Today the price decreased to the 4H time frame order block
Nota
We let the wave develop if the price breaks through the strong swing high (0.67595) of the M15 timeframe, we will look for buying opportunities.
Nota
The price falls and breaks through the Low Swing Strong of the 4-hour time frame and creates a High Swing Strong.

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