Riding the opportunity for possible pull-back in daily charts. Setting up a sell stop order below base fib in 1H chart with TP at base pivot line and SL below R1.
D:
W:
Confidence: B (since it's just a pull-back, and fundamentally AU's economic outlook is good and RBA rate hike is expected on the 2nd half of the year, while Japan is expected to retain its dovish stance)
D:
W:
Confidence: B (since it's just a pull-back, and fundamentally AU's economic outlook is good and RBA rate hike is expected on the 2nd half of the year, while Japan is expected to retain its dovish stance)
Comment:
www.afr.com/news/eco...s-up-20170215-gudadz
Trade closed: target reached:
Profit <3