#AUDUSD Long and Short Ideas
@TradeYodha
TradeYodha.com
1. Possible Bat formation for a short entry
2. Price has been extending upwards. It has already show a bearish divergence
3. if it falls to lower zone where 50sma is along with 200 sma, we can go along for 1:1 target followed by 2:1 and depending on what markets gives us, we can ride upto completion of the bat pattern
News/Fundamentals:
Monday 17:30 pm London Time: RBA Gov Speaks
Tuesday 2:30 am London Time Monetary Policy Meeting Minutes
Wednesday 2:30 am London Time: CPI
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
@TradeYodha
TradeYodha.com
1. Possible Bat formation for a short entry
2. Price has been extending upwards. It has already show a bearish divergence
3. if it falls to lower zone where 50sma is along with 200 sma, we can go along for 1:1 target followed by 2:1 and depending on what markets gives us, we can ride upto completion of the bat pattern
News/Fundamentals:
Monday 17:30 pm London Time: RBA Gov Speaks
Tuesday 2:30 am London Time Monetary Policy Meeting Minutes
Wednesday 2:30 am London Time: CPI
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.