This is another pair I feel that may be at a turning point now or close to it. Since I am expecting maybe another LL before we see a new trend. Please like , comment, agree, disagree. Thank you.
Euroaud - seems to be giving us clear direction based on higher time frames. However always be prepared for a change. I'm waiting for impulse up and to get in early. Nothing wrong with taking smaller opportunities along the way if your risk management permits, while still in a correction. My idea only, not a trade recommendation.
To trade against the trend or not? It's up to you. Always calculate the risk prior. Idea
It's great when the plan works. But remember plans change. And the market decides- not you or I! Still learning and love'n it.
Looking for a little more shorting before a change to a bullish trend. Waiting to see. Just an idea :)
Very spikey, shouldn't matter. Looking for a small correction prior to the next up move.
Always look at the bigger picture. This chart refers only to this time frame. Box's represent only the equilibrium in regards to movement of price.
I was looking at this the wrong way When unsure step back. Have a look at the high time frames as well as lower time frames. Just an idea, but feel a reversal is soon.
Still in a correction for a little yet maybe. Going a little lower prior to the next progressive swing.
Well we all know it's over due, don't gamble. Wait for the chat to tell you. May go a little lower yet. Idea's
It can not be denied that the gbp is a power house right now. It also cannot be ignored that the Aussie is likely retest it's upper lows, correct then power on for a bullish recovery, timing is everything. ?Ideas
Really, depending on your trading time frame. You could be long or short. Study multiple time frames to see what is happening and choose your trade. Just my idea, not a recommendation.