Part of my ongoing Trading analysis, following up on this Bigger Plan (click).
AU was tap dancing on a support ledge, and looks to be slipping off.
My anticipated target is not that far away, but that is a conservative.
After sitting on that ledge and slipping off already, lower seems likely.
We should be getting close to end of a wave.
A retrace upwards may be around the corner.
I will not be longing, but may wind up my shorts.
AU was tap dancing on a support ledge, and looks to be slipping off.
My anticipated target is not that far away, but that is a conservative.
After sitting on that ledge and slipping off already, lower seems likely.
We should be getting close to end of a wave.
A retrace upwards may be around the corner.
I will not be longing, but may wind up my shorts.
Comment:
Target hit
and is trying to bounce a bit which is quite expectable.
Comment:
Getting a bit of a bounce as expected
.
lets see if it can clear immediate resistance (looks like it can). .
Comment:
Was just reminded that RBA rate news is up in a couple minutes
.
this would be the perfect spot/time to start a serious AU bounce if desired by the RBA .
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag