This is a look at AUDUSD, where I'm looking for new entry points. The months of Oct. and Nov. had great movement pushing price pas the neckline of the identified double top, indicating that we should be in a downward trend. Our recent uptrend from Dec. 5th was not a reconstructive move. Expecting price to continue to the .73xxx area before looking for short...
My 2 Sats on Bitcoin right now, Bitcoin has bounced from 53,000 overnight and is turning bullish on 4hr time frames. I detail in the video where I think it's going and the most likely scenarios going forward. Join my discord and introduce yourself... I will be giving the first 100 people who Join a chance to try out the new trading indicator once it goes...
Trading plan for today: 1) limit order at 1.1306, 12 pips SL; 2) if break upward, wait for the market back to the zone and go long. I will be on a business trip next week. Will do the analysis when I can. Have a nice weekend!