smartmoney

We can already see that the pair has already completed 2 distribution phases and we are now anticipating the 3rd and final phase. After a strong move up we can expect some consolidation where bulls will be seeking to lock in some profits driving the price somewhat lower (RSI oversold on 4H + 1H + 15M) during the Asian session. We can then expect smart money's ...

Hey guys, I hope you are enjoying your weekend. In the attached charts (Weekly and Daily) you can see that we closed above the 23.6% retracement. We are in a corrective structure and for me the pair can push until the next resistance (highlighted in black), around 147.7, in my chart. Please comment or like if you have any interest. Cheers Jesse

My eyes are on that gray box. if we see the prices dip out of the blue uptrend channel I'm switching to short. If it maintains a strong bullish channel in the blue, we know what to do ;)

#tradewhatyousee

#tradewhatyousee

AUDUSD found support at the upper deviation of the recent downtrend's linear regression channel today. This level coincides with the mid point of the recent VIX 75% retracement, or 'smart money buying spree' key level, which happens after VIX spikes by 5 points or more, and the smart money 'buys the dip' in risk assets, making VIX retrace 75% of its recent climb, ...

The bat pattern is now completed. Looking for price to retrace to FIBO 0.236, bounce for head and shoulder pattern completion. Then taking out support at 1.1907. And continuation of trend towards parity.