EXPECTING a BIG PRICE Movement Down..IF analyse is on target !!
>1. For AUDUSD approaching Trendline S/R formed since 2002.
Remember TRADING is never 100% accurate..
>2. With analytics, we however FAVOUR a Break downwards of 1500+ PIPS
to the low of 2012 zone .
ENTRY will be via H4 / H1 – viz Pull BAR OR PRICE ACTION Confirmation ( Bear BAR etc!)
>3. OBSERVE PRICE ACTION !!. Do a Counter Trend IF Market shows otherwise !!
A: SUMMARY – We will be preparing for a SHORT position ONCE PRICE breaks
ZONE of 0.7160 to 0.70170.
TARGET TP is a Possible 1500+ PIPS Move @ 0.5510
MONTHLY Chart : Down TREND / . Price Heading towards 2002 S/R Line
> See CHART :
WEEKLY Chart : Price BREAKING Congestion that was in place for last 8 weeks.
Now PRICE is also at/near Weekly S/R !!
> See CHART :
B: This Coming/Next WEEK Analysis: - GET ready, position for a SHORT whenPRICE breaks ZONE of 0.7160 to 0.70170.
RIDE the SHORT Position for a BIG GAIN approx. 1,500+ POSSIBLE PIPS
PRICE ACTION to TP target can take 4-7 months. SO RIDE OUT !!
1- ENTRY via PRICE ACTION watch. Viz H4 entry pull back to Support/ .
2- OR Strong Price ACTION Signal , Big Bear Candle etc..
BE Nimble, as it might not reverse to Support-Trend line Before Trending down !!
LETS have a GOOD SHORT AUDUSD . TARGET Profit 1,5000+ PIPS RUN !!
3-2nd POSSIBLE TP TARGET IF TREND HOLDS is at @ 0.5510
CHEERS .. Stay Nimble-TRADE SAFE !!
Let the Market Do, WHAT’S It suppose to do !!
Act & Trigger as and when Market Dictate, ie your SHORT ENTRY !!
Pse take note ..