Drilling down from my original idea shows an hourly 3 Drive pattern has completed, BUT, I still don't see a candlestick trigger to enter short, just yet, as price action tests X of the related idea. Price is above the trend line, but, until price prints above 94.08, in EW, the triangle is not invalidated completely. Candlesticks do your thing !!!
Comments
tntsunrise
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aud is too strong.. my short is out of money now
dojitrader
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Yes ! Aussie strength seems unrelenting ~~~~
However, there is 45 minutes to go in the 4hr candle
and it has a chance to complete as a shooting star,
so, maybe, just maybe, this is the top ???
We do need more evidence Aussie is unrelenting, so far ~~~~
Thanks for your thoughts and best wishes trading !!!!!
tntsunrise
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Yeah. We never know where it close. I am going to long the euraud.