I assume medium term top for AUDUSD. Looking for downtrend.
I try short after seeing bearish reversal pattern on candlesticks.
Short from 1.3170 to 1.3000 or 1.2860. Stop loss at 1.3237. Wait until price hits trend line and shows reversal signs
I like to sell at 53.60 - 53.70 $. Trade till end of January 2017.
I suggest SHORT. However, it is possibe that price will make second top in January 2017
I suggest going long to 1.34100 or 1.37000
The trend is down so why LONG? EURUSD went up as well as SILVER a little bit. There is convergence between those. I wait till 8-9.12.2016 and see what happens. Definitely, I would like not to be in SHORT right now.
Trade against big downtrend at OANDA:WHEATUSD
Trade for December 2016