Catching the train both ways.

FX:AUDUSD   Australian Dollar / U.S. Dollar
87 24 0
I feel the Aussie is stalling a bit and needs more energy to continue it's up trend, and seeing there is no major fundamentals until Wednesday.

I'm going short at 0.9355 until the green area and then will take profit and go long.

Let's see how this plays out.
stoped out, daily close below the red line, watching break retest for possible short, HaS target is somewhere on the green line
itaskar itaskar
on daily looks like the red line break is confimed, in this case, long from 0.9355/60
itaskar itaskar
sry, 0.9255/60
FaultyKid itaskar
The green median line catches that price.
And some new fundamentals to active this down fork.
FaultyKid FaultyKid
Probably help trigger some stops, and drag the price down.
ForceFollower FaultyKid
That's a risk factor for a long position.
Iam watching this wedge in 30 , iam long here because the floor is coming up here
itaskar itaskar
and weekly trendline support
There, now you have it. :) Your forks are excellent, but they're hard to conclude from. You can build a case for both a long and a short position. I don't know why, but your 30-minute chart seems to be giving me a bearish bias.
+1 Reply
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