S&R Levels combined w Wyatt's Pivots
The AXY has broken above 73.1, a significant resistance area now turned support, so we see the Aud growing stronger in this month on its way to welcoming its new year. Well, I will have to start reading some digital newspapers as this now would work on the Dollar's price-movement. And also, some attention to Oil news. . At this profile page, the shared...
The aussie looks like its ready to fall against most currencies. Im gonna try to find another buy entry on Eur/Aud , A sell on Aud/Usd , and a Buy on Eur/Nzd! Im gonna trade them all at 0.01 or 0.02 and use a 100 to 150 pip stop loss. I gained Hundreds of pips from the buy Thursday Night into Friday afternoon on Eur/Aud and Eur/Nzd and they both have bull hammer...
Correct me if I am wrong! Flat bottom pattern is seen and it is expected to see the price retrace back to 65.00! Feel free to state your opinion! Cheers!
AXY is at support of descending triangle pattern. Doji appears at support, but stochastic has just entered an oversold area. Better wait for confirmation, if AXY is breaking the support.
Trading now at 71.70 level Looks Bearish target intact 70.70 Advice : Sell at any high levels to achieve my target , good luck
Lovely and pure setup by the Australian index. It is currently looking like it is forming a head and shoulders pattern within a smaller degree as a corrective structure. Wave 1 of the red count is an extended wave formed by a leading diagonal pattern and it is slightly longer than wave 3. This is normal provided wave 3 is not the shortest of all the three waves....