With AUDUSD I wait for a UP movement, so the next move I will take attention to is coming with:
1. Yellow - we can have some relatively small up movement after which possible continuation of the downtrend is likely;
2. Green - in this case, I'm looking for some down movement before major recovery;
1. Yellow - we can have some relatively small up movement after which possible continuation of the downtrend is likely;
2. Green - in this case, I'm looking for some down movement before major recovery;
Note
I keep looking for Uptrend position, this one looks quite exacerbated;Order cancelled
Note
not the price but the shape, it is time to rethink the setups
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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.