audusd short setupaudusd is in this descending channel for some time now. Price made a sub channel within the main channel and broke out.
waiting on price to retest the sub channel so I can possibly looks for short entries.
Subchannel
The bull's inside my head! Hey, dear fellas!
For now, i just will take a cigar, open a good chilean carménère wine, share a song, and think...
"No way, no way
The bull's inside my head
And I say, I say
The flag I wave is red
Don't know myself
Don't know myself
I'm better off hiding
In somebody else
I won't stop the hurricane
I won't stop the flood
And in the evening my
Shadow just flies away
But if I woke up
If I woke up
The other side of dark
The other side of me
I'd be the avalanche
And I'd be what's wrong
And I'd be everything
I wasn't made of
So tell me, who's real?
No way, no way
The bull's inside my head
And I say, I say
The flag I wave is red..."
To listen full music, search "Bulls", from The Cat Empire...
I see a possible first strong impulse wave forming. A pretty bull flag confirmed, and respecting too hard the fibbo levels! I repeat the fibbo of the last idea, just reverting the trend... check how it is doing righly!
OBV is confirming the uptrend and RSI we got a really pretty breakout. I drew a pretty pitchfork (nice uptrend subchannel), and believe the movements can respect the points of it. Touching the green, if breakout, bull run to $10.400, or retract to the red line and we can check a new point decision.
So, we are very bullish, including in altcoins. Still in subchannel, while we staying below $11.670. Let´s keep our eyes and check if the bulls win really this fight against the bankwhales!
Big trade channel between $9.200 and 11.670 should be consolidated!
If you agree, please, like it! If not, i am so sorry... i will try to make better next time!
Love you all, fellas! And bring the bulls back!!!
