Facts: -ATR Shows market panic sells chain reaction causing 3x more volatility -200MA Still bullish -Showing nice wick rejection, which indicates strong buy power from here. -Overbought cloud breakout, which indicates a reversal -Parabolic SAR still bearish but due to what i mentioned above, it will turn Bullish again.
What caused this huge spike? Aussie unemployment news! The news was not bad, rather neutral / good. My guess is that this huge drop is all bank manipulation.
Stay safe
Trade closed: stop reached
⋅
Closed at breakeven -0 pips AUD turning very Bearish