ONLY short if price comes back to this level. It could fall now, but it is not the best entry so trade at your own risk here
This is a risky pullback trade. We are expecting a pullback to the previous consolidation
I like the way this is holding daily support. pretty good buy position
It seems as if price has settled on support and broke out of its previous structure. If you want to be safe you can wait for price to come back to its structured support rather than the orange retail support drawn in. Hop in now if you like
If price breaks support than we go short. When slips into box it will fall RISK level: 1 being not risky 10 being most risky---7/10
I decided to test out my skills and see how accurate I could be in a matter of less than a minute looking at a currency. From what I see in the first couple minutes price could hold resistance as support and move up, but if price starts to make a lot of closes under the resistance than we will start to see price to push down! again very quick but shoot the moon
AUDUSD buy
Consider it. if it does somehow come back to support that I drew in it will go up(: only take the set up when necessary. trade smart. be patient
Lets see how this short plays out. Wait for it to come into its zone if you want the best possible entry.... be careful though because on daily it can reverse back into a buy. but play this as a short with good risk management...more oppurtunity for that. dont chase the buy
So take a second. If it breaks the highs it will travel up. Look short to keep it simple. don't chase the buy. use proper risk management for a sell(: