After a trip along the side of the Bolli band, aussie seems now ready for a nice short. The shape of the last two candles and the fact that he's soon to go back to the sub-100 region of the commodity channel are factors enough to think about shorting it.
A couple of fibs converge on the price labels shown.
Like to hear your comments.
A couple of fibs converge on the price labels shown.
Like to hear your comments.
Trade active:
Target coming soon.
Comment:
The original trade was closed, but after the retrace I opened again. It looks like it's still on its way down.