Buying Opportunities in AUD/USD Tue, Nov 8, 2022 2:54pm. #1 Limit Buy Filled Thu, Nov 10, 12:21pm. Closed Out #1 Fri, Nov 11 22:45pm +$492

AUD/USD has risen from 0.6170 on Oct 12 to 0.6522 on Oct 27. It then pulled back to 0.6272 on Nov 3 before rally once again. In the H4 chart above, it seems the pair is attempting a 3-wave rally from 0.6170. If so, it also seem the second leg of the rally requires another internal down leg before resuming the 3-wave rally pattern. It is this down leg that may present a buying opportunity.

TRADE IDEAS

#1 Limit Buy @ 0.6412. Filled Thu, Nov 10, 12:21pm. Closed Out Fri, Nov 11 22:45pm $492.00

2 Limit Buy @ 0.6383. Cancelled.

#3 Limit Buy @ 0.6356 Cancelled.

All Stops @ 0.6260

All Targets @ 0.6620