HomeContributorsTechnical AnalysisAUDUSD: Scenario for a Possible Continuation Move Higher

AUDUSD: Scenario for a Possible Continuation Move Higher

AUDUSD Possible Bullish Scenario:

  • Watch for price to get below the equilibrium level first.
  • Wait for price to tap demand zone.
  • Watch for a bullish shift and bullish reversal signs in the demand zone.
  • Wait for all above to play out first then plan the sell entry, stops and targets with confidence.

If price continues higher above the range high without tapping below the equilibrium level or demand zone then trade setup is cancelled.

AUDUSD 1 Hour Chart July 20 2026

AUDUSD, trading, elliottwave, bullish market patterns, forex, @AidanFX, AidanFXA trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.

Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade.  Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX

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