After a trip along the side of the Bolli band, aussie seems now ready for a nice short. The shape of the last two candles and the fact that he's soon to go back to the sub-100 region of the commodity channel are factors enough to think about shorting it.
A couple of fibs converge on the price labels shown.
Like to hear your comments.
A couple of fibs converge on the price labels shown.
Like to hear your comments.
Trade active
Target coming soon.Note
The original trade was closed, but after the retrace I opened again. It looks like it's still on its way down.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.