D1 - An opportunity to long for 5,300 points TP 1 and 2...

I got an opportunity to long/buy as market is showing a valid double bottom together with a valid bullish divergence and RSI is showing an oversold market and for the mean time market is also hitting a diagonal support. Could there be an opportunity to long/buy this market? I'll be waiting for confirmation such as candle HHHC prior that I still got a valid double bottom before triggering any long/buy trades. Take note that daily price closing below 1.06128 will invalidate the possible double bottom setup and chances market could still go down and play with my potential bullish Cypher pattern setup as my advance pattern is still valid. Trade with care, plan your trade, trade your plan.

Comment:

AUD is weak as AUD is net short by NC and net long by C with 146,295 OI. NC with 78,580 contracts short over 18,800 giving us a net of 80% net short. C with 102,833 contracts long over 26,861 giving us a net of 79% net long.

NZD is weak as NC is net short and C is net long with 50,015 OI. NC with 32,006 contracts short over 11,138 giving us a net of 74% net short. C with 35,471 contract long over 11,478 giving us a net of 75% net long.

Based on the recent COT report as of 11/13/18, AUD is weaker compared to NZD and hitting a possible extreme that could lead for a possible reversal from short to long.

Comment: