AUDUSD Nearly Reach The Strong Cluster >> Buy
Long position (Buy) instead of short selling
AUDUSD now had drop till about 90 pips heading to the cluster area, as shown on the analysis chart above, price action shows that AUDUSD likely to end it's bearish trend and begin to build a strong bullish movement, once it's hit the cluster area.
Considering in the weekly time frame, we see AUDUSD is on a bearish trend now, and we were trading in a minor Bearish Flag Pattern on weekly, there's potential for AUDUSD to break the chart pattern and continue drop and build a very strong bearish movement.
We never side with one direction, there can be bullish or bearish, but we know bullish is the higher probability and be ready to stop and reverse, once price move otherwise and break the flag pattern to develop a strong bearish trend
Analysis as shown on the chart above, we calculate the price cluster area using fibonacci and time geometry to see when probably price will make a pivot point using square of nine, combine with geocosmic cycle and financial astrology to get more accurate prediction.
AUDUSD now had drop till about 90 pips heading to the cluster area, as shown on the analysis chart above, price action shows that AUDUSD likely to end it's bearish trend and begin to build a strong bullish movement, once it's hit the cluster area.
Considering in the weekly time frame, we see AUDUSD is on a bearish trend now, and we were trading in a minor Bearish Flag Pattern on weekly, there's potential for AUDUSD to break the chart pattern and continue drop and build a very strong bearish movement.
We never side with one direction, there can be bullish or bearish, but we know bullish is the higher probability and be ready to stop and reverse, once price move otherwise and break the flag pattern to develop a strong bearish trend
Analysis as shown on the chart above, we calculate the price cluster area using fibonacci and time geometry to see when probably price will make a pivot point using square of nine, combine with geocosmic cycle and financial astrology to get more accurate prediction.
Trade active:
Price moves like our trading plan
Stop Loss is not changed
Profit Target may be changed to 0.74700
Be alert for an unexpected movement
Do Stop and Reverse once the price hit our SL
Stop Loss is not changed
Profit Target may be changed to 0.74700
Be alert for an unexpected movement
Do Stop and Reverse once the price hit our SL
Trade closed: stop reached:
DONE SL
Prepare for next entry
Wait for price action show a clear direction and start reentry the market
Price could make false break now or do breakout lower trend line
It can develop a big and strong trend either up or down
Prepare for next entry
Wait for price action show a clear direction and start reentry the market
Price could make false break now or do breakout lower trend line
It can develop a big and strong trend either up or down