My initial buys failed and we're currently seeing some sudden weakness coming from Aussie. Moving forward im looking to sell short term
1st Target still at $46,000. 2nd Target also at $40,000 if we officially breach our 1st Target However, if we fail to break below $46,000 then perhaps we'd re-attempt the selling at a much higher price depending on price action...
1st Target $46,000 2nd Target $40,000 R: Risk/Reward ....
Buyers failed on their attempt to push highs...Now its time to re attempt the sells.
Same Idea but seems we've got some active buyers. Once they fail to break above their previous high we'd reattempt the sells again
We had a nice 71% discount and a closure above my Daily Support yesterday. We can go ahead and open buy positions on a smaller time frame
Left [ Weekly ] Right [ Daily ] We had a false break off my descending weekly trend line. Inverse H&S is still valid and therefore we can open buy after some pullback.
Expecting a retest or bounce off our trend line/ Daily Supp to complete.