Price Action Anticipatory Trade for this Week:
AUDUSD to continue upward move to inner trendline/support zone.
I will trade short with cnfm signals.
Trade cnfm when price closes below chosen fast daily moving average.
Trade cnfm when stoch. crossover and bearish to touch 80.
Price will meet major resistance in support zone shone on chart OR 200ma (yellow), most likely 0.618 fib area.
Will persist into daily chart if price action cnfms safe continuance or bullish reversal in inner channel.
AUDUSD to continue upward move to inner trendline/support zone.
I will trade short with cnfm signals.
Trade cnfm when price closes below chosen fast daily moving average.
Trade cnfm when stoch. crossover and bearish to touch 80.
Price will meet major resistance in support zone shone on chart OR 200ma (yellow), most likely 0.618 fib area.
Will persist into daily chart if price action cnfms safe continuance or bullish reversal in inner channel.