BULLIISH BIAS

2020年4月11日

The ausie dollar has a lot of potential to push further up, on the 9th there was a breakout and this according to my strategy was a clear confirmation of newly born uptrend. Now coming into the week we might experience a retracement and retest of the previously broken resistance now turned support, with that happening i will be looking forward to make buy orders in the zone. we might also want to look at some potential sell opportunities but in this instance i ill rather stick to only buy trades and not sell because a situation might be that the price will break that small zone and race to the upside or the market will consolidate and the pushes further up. so the best thing i can do is to wait for the market to present some bullish patterns and formations before considering any engagements
highest probability trades will be bullish that bearish