AUDUSD 4 HOUR - 3 ZONES TO BUY THE PULLBACK AT

Yesterday was a big day for me. Not because I was planning on trading any news events, but rather because I had a lot on my radar but just needed the market to pop out of it's holding pattern & present them to me. One of the setups on my radar is a buying opportunity here on the AUDUSD. The latest news allowed up to violated a few levels of previous structure resistance followed by some more news this morning that has caused us to put in an aggressive retracement.

What I've done on the chart is to identify 3 zones of structure in which I will be looking to take advantage of a long opportunity and attempt to hop on the next bullish extension. You can't see it on the chart, but if you look at the daily there's a good amount of room to expand to the upside.

Good luck in the markets today and if you like this post please let me know by hitting that thumbs up button!

Akil