Hello everyone! This post is covering the AUDUSD with the Professor Setup and Pure Price Action Technical Analysis.
- We have a new defined range on the D1 timeframe
- This range is 200 pips
- The market has slowed down since the COVID-19 impact
- Watch for breaks above or below the defined range and use the Professor setup on the H1, H4 and D1 timeframe to see clear entries/exits
- You can use this range for opportune entries on lower timeframes
- Short at the top, long at the bottom
- Once price breaks either side of the range, we will watch for a new defined range and you can use that for breakout trading entries as well
- AUDUSD H1 Timeframe
- AUDUSD H4 Timeframe
- AUDUSD D1 Timeframe
Cheers to another successful week!
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