I am closely watching the PA to catch the CD leg of potential bullish abcd. The price retested the broken support now acting as resistance which could also be the C of abcd . If this resistance holds and prices goes below the green zone then i will be shorting this to catch some pips. Aussie release tonight so tight stop or enter after the release is advisable.
Trade is based on: a. Potential Bullish ABCD b. Resistance c. Clones
i not fighting with this one. on sidelines , No Trade
GcNaif
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* i mean i am not fighting with one. sitting outside
GcNaif
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oh survived , good i waited for aussie release otherwise would have been a looser trade, now i will wait for it to go down the green zone
IvanLabrie
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If it does. I'm short audusd...I'd suggest quick profits. Trend's up.
FullTimeTrader
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I was also watching this setup using my trading system, a nice chance to renter short because if rate news are negative for GBP the price will fall like a stone. Im already short on GBPNZD so i do not want to overexpose my account (although its very tempting.......)
GcNaif
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i know both these pairs r very tempting right now, lets see the aussie release in 2 hours and then the gbp release later. , from where did u short GN i mean what price