Hello Traders !
In this pair, the Aud is rising through a uptrend line where price is preparing to breake it.
If this happens, you should look for next scenarios.
As long as the price is under the Zone 1 (and, or) Zone 2, sellers are on charge.
As long as the price is beyond zone 1 you should be in the buyers team.
Don't forget to put yourself in the wining team and to be careful on corrections.
A- BUY after ZONE1 is breaked!
B- After correction reaches ZONE2, wait for BUY confirmation. (Candlestick Pattern)
C- If price breakes ZONE2, wait for a correction, then look to sell aggresive.
Remember not to look for BIG FAT WINS because you will get only BIG AND FAT !
Just keep it simple and go with the trend.
Have a easy and wonderful week !
In this pair, the Aud is rising through a uptrend line where price is preparing to breake it.
If this happens, you should look for next scenarios.
As long as the price is under the Zone 1 (and, or) Zone 2, sellers are on charge.
As long as the price is beyond zone 1 you should be in the buyers team.
Don't forget to put yourself in the wining team and to be careful on corrections.
A- BUY after ZONE1 is breaked!
B- After correction reaches ZONE2, wait for BUY confirmation. (Candlestick Pattern)
C- If price breakes ZONE2, wait for a correction, then look to sell aggresive.
Remember not to look for BIG FAT WINS because you will get only BIG AND FAT !
Just keep it simple and go with the trend.
Have a easy and wonderful week !
Note
Zone 1 reached!Note
It looks like B is confirming."B- After correction reaches ZONE2, wait for BUY confirmation. ( Candlestick Pattern)"
Note
Target reached !
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.