UPDATE OF AUDUSD
A Big Gap Formed after the week end.
Let's think this way:
What will those people who bought
above 0.7680 do?
Will they be worried?
Will they cut their loss when the price rally a bit?
Put yourself in thoes buyer's shoes
What will you do?
So wacth 0.7680
if price never goes above that level
it means the neckline is broken.
Short for the pull back
Short when the market make a lower high.
A Big Gap Formed after the week end.
Let's think this way:
What will those people who bought
above 0.7680 do?
Will they be worried?
Will they cut their loss when the price rally a bit?
Put yourself in thoes buyer's shoes
What will you do?
So wacth 0.7680
if price never goes above that level
it means the neckline is broken.
Short for the pull back
Short when the market make a lower high.
Transaction en cours:
Trade fermée: ordre d’arrêt atteint:
TRADE CLOSED. BREAK NEW HIGH
Commentaire:
THE NEXT RESISTANCE IS AT 0.7783
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7783 HIT, WATCH FOR PRICE ACTION
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Transaction en cours:
Enter at the 2nd try at 0.7783
Commentaire:
ok the 1h candle finish and forms a pin bar.
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LIBRA PATTERN IN 5 MINS
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AUD WATERFALL
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NOW IS 0.7700, Today added position at 0.7766, additional 66 pips
