#OnMyRadar...
My Market Opinion: 3 Point Reversal which involves a swing low, followed by a lower low, then a higher low. In addition what I am seeing is a possible WAVE 2 completion which can lead to an impulsive WAVE 3. All things considered, I am currently a buyer in this market from 1.4550. NOTE: Use a proven method that has worked for you.
I hope this...
Waiting for price action sell signal at/near upper trend line / confluence (2030/35) to get short. If we see slow gradual market correction I will look to sell near the highest point then add to position at H1, H4 close below last Friday's low of (2008) for down trend continuation.
Note: It is always possible for markets to not play out as anticipated in any...
Last week FX:EURAUD rallied 600+ pips to 1.4960+/-. Since then price action declined 200 pips +/- for an approximate 1/3 retracement of the rally waiting for price action buy signal at/near lower trend line to get long. If we see gradual slow correction I will look to buy near the lowest point then add to position at close above upper trend line with...
