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shermanchoo

AU Trading in a BEARS Whipsaw Environment

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
shermanchoo  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Wave Analysis Trend Analysis Chart Patterns
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waveanalysis trendanalysis chartpattern
1. Bias is Bearish...holding off trading till 2nd May
anticipates the liquidity hunt and reduces the risk...

2. To maintain bearish bias, price needs to stay below 0.66664.
My focus is identifying trading opportunities within the weekly to five-month timeframe, aiming for a profit potential of 700-1000 pips
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