Lol AUd/USD wasn't the go it seems, still a good short it for the moment
Hi Boss
You identified the start of a trend on H4 but why did you think it has failed YET.
A - Higher Low - First warning that the Bearish trend is finished on H4
B - Higher High - H4 Bearish trend is finished on H4
C - Higher Low - First clue we may be starting a Bullish Trend
D - Higher High - H4 Bullish Trend complete maybe BUY
E - Higher Low ( Too early to call ) , very safe entry as a BUY
Do we buy at higher risk as a Demand Trader at D
Do we wait to Buy at a lower risk as a Supply Trader at E
I would wait for E next week to be safe.
Tonight's NFP will probably destroy this pattern anyway
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Forex Trading 2018- TA/FA- Setups and discussion, page-2818
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