Dear traders, as you probably know my best sport in FX is to stand still waiting for a high probability trade to present itself. Since I am broadly bearish on this instrument, I love to sit and wait that the resistance at 0.79 prints out a bearish Price Action pattern so that I can enter short.
As a PLUS, RBA should be on my part.
Be it at 0.79 or 0.8, sooner or later the USD will be back and we will make money selling this pair! Just let the market show its hand first!
Cheers R
Comments
anthony.pham00
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ncie one..agree..need your kind of patience
RiccardoAnnoni
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Dear Anthony, I bought my patience at a high price some years ago on the markets.... hold on tight and dont learn the hard way as I did. :-)