AW Aussie Dollar Analysis - Price Maintaining Above Breakout...
When corrections are short in duration, this is usually an indication of strength.
Price continues to consolidate between the 2 confirmation levels.
As we continue to wait and see what happens, I am expecting to see a break above .71410.
This should serve as confirmation that the correction since 2021 ended in October 2022.
If this count is correct then price will not go back below .68725 and should serve as support and stop level.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Price continues to consolidate between the 2 confirmation levels.
As we continue to wait and see what happens, I am expecting to see a break above .71410.
This should serve as confirmation that the correction since 2021 ended in October 2022.
If this count is correct then price will not go back below .68725 and should serve as support and stop level.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
