Going down .. Going up..

FX:AUDUSD   Australian Dollar / U.S. Dollar
630 12 31
I'm not too keen to join this down move because we are moving counter-trend and have almost reached the kumo. Also, look where CS             is. It is so far from turning the market bearish . So, I'd rather just wait to trade a bullish move.

Once we go into the kumo, this momentum you see now will start disappearing and things will change. As new developments take place, we will decide how to proceed forward

Good luck
Comment: If you have conviction about this pair going down still and woud like to enter, take a level 4 signal on H1. Then place your stop just above the previous top that will be created

Good luck
The bear trap has developed already, by the looks of it.
Im trading too, but with small position.
With NFP tomorrow, do you see AU shooting upwards? If yes, to what price levels?
SkyrEk SkyrEk
ATM, it surpass your mentioned critical level :)
I'll get back to you
SkyrEk Ichimoku_Trader
Appreciate it :)
during NFP, I only focus on one pair, EURUSD

I'll see if I have time to take a look at AUD but as a general rule, if you are not awesome, do not trade NFP. It is very hard

Good luck
SkyrEk Ichimoku_Trader
alright, thanks mate!
My pleasure
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