This is futures, not spot pricing. Please see the other chart (link below) for the larger view.
So far this has worked perfectly.
Still want to see .78 before the large short, but we may fail short of it.
After analyzing the vixfix spikes and 75% retracement levels, and their effects on price when retesting said levels, and contrasting these to the time at mode signals on this chart I concluded that the downtrend in the Australian dollar might be short lived, althought potentially very steep.
I projected two targets on chart, as well as the different potential...
Analysis on chart, we had a bearish trend signal that has been consumed, price hit the target and is starting to reverse.
We can attemp buying above the 0.7061 mark if trading futures, or 0.70624 if trading spot forex, with the stop loss at 0.6905 and 0.69087 respectively.
Rgmov in the spot chart looks really good, forming new highs, sharply, might be an emerging...
